| Tourney Name: | South American Championship |
| Country: | Peru |
| Year: | 1927 |
| Dates: | 30 October – 27 November |
| Num Teams: | 4 |
| Confederations: | 1 |
| Venues: | 1 |
| Cities: | 1 |
| Champion: | Argentina |
| Count: | 3 |
| Second: | Uruguay |
| Third: | Peru |
| Third-Flagvar: | 1884 |
| Fourth: | Bolivia |
| Matches: | 6 |
| Goals: | 37 |
| Top Scorer: |  Alfredo Carricaberry  Roberto Figueroa Segundo Luna Pedro Petrone Héctor Scarone (3 goals each) |
| Prevseason: | 1926 |
| Nextseason: | 1929 |
The eleventh edition of the South American Championship was held in Lima, Peru from 30 October to 27 November 1927. The participating countries were Argentina, Bolivia, Peru, and Uruguay. Brazil, Chile and Paraguay withdrew from the tournament. This was the first South American Championship in which Peru participated. The tournament was also used as a qualifier for the 1928 Summer Olympics and both Argentina and Uruguay were subsequently invited to enter that competition.[1]
The Argentina team departed from Retiro railway station to Chilean city Valparaíso, where they joined Uruguayan players to board a ship to the port of Callao, Lima. They arrived in Peru after eight days of travel.[2]
For a complete list of participants squads see: 1927 South American Championship squads
| Lima | |
|---|---|
| Estadio Nacional | |
| Capacity: 40,000 | |
Each team played a single match against each of the other teams. Two points were awarded for a win, one point for a draw and zero points for a defeat.
| width=165 | Team | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| align=left | 3 | 3 | 0 | 0 | 15 | 4 | +11 | 6 | |||||||||
| align=left | 3 | 2 | 0 | 1 | 15 | 3 | +12 | 4 | |||||||||
| align=left | 3 | 1 | 0 | 2 | 4 | 11 | −7 | 2 | |||||||||
| align=left | 3 | 0 | 0 | 3 | 3 | 19 | −16 | 0 |
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3 goals
2 goals
Manuel Ferreira Juan Maglio Humberto Recanattini Manuel Seoane Héctor Castro Antonio Sacco1 goal
Alberto Montellanos Demetrio Neyra Jorge Sarmiento Alejandro Villanueva Juan ArremónOwn goals
Santiago Ulloa (for Uruguay) Canavesi (for Argentina)