| 1. Round | 08/08/1998 | River Plate | - | Vélez Sarsfield | 1:1 | ||||
| 2. Round | 13/08/1998 | Vélez Sarsfield | - | Estudiantes | 2:0 | ||||
| 3. Round | 22/08/1998 | San Lorenzo | - | Vélez Sarsfield | 0:0 | ||||
| 4. Round | 27/08/1998 | Vélez Sarsfield | - | Talleres de Córdoba | 3:0 |  |
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| 5. Round | 05/09/1998 | Rosario Central | - | Vélez Sarsfield | 1:2 | ||||
| 6. Round | 12/09/1998 | Vélez Sarsfield | - | Independiente | 1:1 | ||||
| 7. Round | 20/09/1998 | Lanús | - | Vélez Sarsfield | 0:2 | ||||
| 8. Round | 26/09/1998 | Vélez Sarsfield | - | Unión de Santa Fe | 2:2 | |
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| 11. Round | 17/10/1998 | Boca Juniors | - | Vélez Sarsfield | 2:0 | ||||
| 12. Round | 23/10/1998 | Vélez Sarsfield | - | Gimnasia de La Plata | 0:1 | ||||
| 13. Round | 31/10/1998 | Huracán | - | Vélez Sarsfield | 1:1 | ||||
| 15. Round | 14/11/1998 | Newell's Old Boys | - | Vélez Sarsfield | 1:0 | ||||
| 16. Round | 19/11/1998 | Vélez Sarsfield | - | Racing Club | 0:3 |
Paraguay