| First time with new name "Copa America". Played all over South America. |
| Final | | date | team 1 _________ | score | team 2 _________ | HT | attend. | | Thu 16.10.75 |  Colombia | 1-0 |  Peru | 1-0 | 50,000 | | 1-0 Castro 38'El Campon, Bogota. Referee: Miguel Comesana, Argentina | | Wed 22.10.75 | Peru | 2-0 | Colombia | 2-0 | 50,000 | | 1-0 Oblitas 18' 2-0 Ramirez 44' Eastdio Nacional, Lima. Referee; Juan Silvagno, Chile. | | Third Final in Caracas, Venezuela. | | Tue 28.10.75 | Peru | 1-0 | Colombia | 0-0 | 30,000 | | 1-0 Sotil 25' pen.miss: Cubillas (Peru) 66' savedEstadio Olimpico, Carcas. Referee: Ramon Barreto, Uruguay. |
| date | team 1 _________ | score | team 2 _________ | HT | | Tue 30.09.75 |  Brazil | 1-3 | Peru | | | Sat 04.10.75 | Peru | 0-2 | Brazil | | | Sun 21.09.75 | Colombia | 3-0 |  Uruguay | | | Wed 01.10.75 | Uruguay | 1-0 | Colombia | |
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| Final Ranking | Pts | w | d | l | gf | ga | g+- | | 1. | Peru | 13 | 6 | 1 | 2 | 14: | 7 | +7 | | 2. | Colombia | 12 | 6 | 0 | 3 | 11: | 5 | +6 | | 3. | Brazil | 10 | 5 | 0 | 1 | 16: | 4 | +12 | | 4. | Uruguay | 2 | 1 | 0 | 1 | 1: | 3 | -2 | | eliminated in Groups Round. | | 5. |  Argentina | 4 | 2 | 0 | 2 | 17: | 4 | +13 | | 6. |  Chile | 3 | 1 | 1 | 2 | 7: | 6 | +1 | | 7. |  Paraguay | 3 | 1 | 1 | 2 | 5: | 5 | 0 | | 8. |  Bolivia | 2 | 1 | 0 | 3 | 3: | 9 | -6 | | 9. |  Ecuador | 1 | 0 | 1 | 3 | 4: | 10 | -6 | | 10. |  Venezuela | 0 | 0 | 0 | 4 | 1: | 26 | -25 |
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| First Copa America with no Host played with Home and Away Matches. | | The new system was aproved at a congress realized in Bogota the 17th of March 1972. |
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| Group A | p | _w_ | _d_ | _l_ | gf | ga | g+- | | 1. | Brazil | 8 | 4 | 0 | 0 | 13: | 1 | +12 | | 2. | Argentina | 4 | 2 | 0 | 2 | 17: | 4 | +13 | | 3. | Venezuela | 0 | 0 | 0 | 4 | 1: | 26 | -25 |
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| Team | Arge | Braz | Vene | | Argentina | --- | 0:1 | 11:0 | | Brazil | 2:1 | --- | 6:0 | | Venezuela | 1:5 | 0:4 | --- |
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| date | team 1 _________ | score | team 2 _________ | HT | | Thu 31.07.75 | Venezuela | 0-4 | Brazil | | | Sun 03.08.75 | Venezuela | 1-5 | Argentina | | | Wed 06.08.75 | Brazil | 2-1 | Argentina | | | Sun 10.08.75 | Argentina | 11-0 | Venezuela | | | Wed 13.08.75 | Brazil | 6-0 | Venezuela | | | Sat 16.08.75 | Argentina | 0-1 | Brazil | |
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| Group B | p | _w_ | _d_ | _l_ | gf | ga | g+- | | 1. | Peru | 7 | 3 | 1 | 0 | 8: | 3 | +5 | | 2. | Chile | 3 | 1 | 1 | 2 | 7: | 6 | +1 | | 3. | Bolivia | 2 | 1 | 0 | 3 | 3: | 9 | -6 |
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| Team | Boli | Chil | Peru | | Bolivia | --- | 2:1 | 0:1 | | Chile | 4:0 | --- | 1:1 | | Peru | 3:1 | 3:1 | --- |
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| date | team 1 _________ | score | team 2 _________ | HT | | Thu 17.07.75 | Chile | 1-1 | Peru | | | Sun 20.07.75 | Bolivia | 2-1 | Chile | | | Sun 27.07.75 | Bolivia | 0-1 | Peru | | | Thu 07.08.75 | Peru | 3-1 | Bolivia | | | Wed 13.08.75 | Chile | 4-0 | Bolivia | | | Wed 20.08.75 | Peru | 3-1 | Chile | |
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| Group C | p | _w_ | _d_ | _l_ | gf | ga | g+- | | 1. | Colombia | 8 | 4 | 0 | 0 | 7: | 1 | +6 | | 2. | Paraguay | 3 | 1 | 1 | 2 | 5: | 5 | 0 | | 3. | Ecuador | 1 | 0 | 1 | 3 | 4: | 10 | -6 |
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| Team | Colo | Ecua | Para | | Colombia | --- | 2:0 | 1:0 | | Ecuador | 1:3 | --- | 2:2 | | Paraguay | 0:1 | 3:1 | --- |
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| date | team 1 _________ | score | team 2 _________ | HT | | Sun 20.07.75 | Colombia | 1-0 | Paraguay | | | Thu 24.07.75 | Ecuador | 2-2 | Paraguay | | | Sun 27.07.75 | Ecuador | 1-3 | Colombia | | | Wed 30.07.75 | Paraguay | 0-1 | Colombia | | | Thu 07.08.75 | Colombia | 2-0 | Ecuador | | | Sun 10.08.75 | Paraguay | 3-1 | Ecuador | |
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