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| 1st(1st leg) | SL Benfica | - | Peñarol | 1:0 (0:0) | ||
| 2nd (2nd leg) | Peñarol | - | SL Benfica | 5:0 (4:0) | ||
| 1st(1st leg): 04/09/1961 | 2nd (2nd leg): 17/09/1961 | Winner: Peñarol | ||||
|
|
|
| 1st(1st leg) | SL Benfica | - | Peñarol | 1:0 (0:0) | ||
| 2nd (2nd leg) | Peñarol | - | SL Benfica | 5:0 (4:0) | ||
| 1st(1st leg): 04/09/1961 | 2nd (2nd leg): 17/09/1961 | Winner: Peñarol | ||||
