| Tourney Name: | President's Cup |
| Country: | South Korea |
| Year: | 1981 |
| Dates: | 13–26 June |
| Num Teams: | 12 |
| Champion Other: |  Racing (C) |
| Count: | 1 |
| Third Other: |  Vitória-ES |
| Fourth Other: | Danubio |
| Matches: | 34 |
| Goals: | 90 |
| Top Scorer: | João Francisco [1] |
| Prevseason: | 1980 |
| Nextseason: | 1982 |
The 1981 President's Cup Football Tournament (Korean: 제11회 대통령배 국제축구대회) was the 11th competition of Korea Cup. The competition was held from 13 to 26 June 1981. South Korea and Racing de Córdoba played out a 2–2 draw and shared the trophy.
| width=175 | Team | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 4 | 1 | 0 | 15 | 4 | +11 | 9 | ||||||||||
| 5 | 3 | 2 | 0 | 10 | 3 | +7 | 8 | ||||||||||
| 5 | 3 | 0 | 2 | 7 | 9 | -2 | 6 | ||||||||||
| 5 | 2 | 0 | 3 | 4 | 4 | 0 | 4 | ||||||||||
| 5 | 1 | 0 | 4 | 3 | 12 | -9 | 2 | ||||||||||
 Châteauroux | 5 | 0 | 1 | 4 | 5 | 12 | -7 | 1 |
| width=175 | Team | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | width=20 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Danubio | 5 | 4 | 1 | 0 | 9 | 4 | +5 | 9 | |||||||||
| 5 | 3 | 2 | 0 | 8 | 1 | +7 | 8 | ||||||||||
| 5 | 2 | 2 | 1 | 4 | 2 | +2 | 6 | ||||||||||
| 5 | 2 | 0 | 3 | 7 | 7 | 0 | 4 | ||||||||||
| 5 | 1 | 1 | 3 | 4 | 8 | -4 | 3 | ||||||||||
| 5 | 0 | 0 | 5 | 4 | 14 | -10 | 0 |
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The final match originally had to play extra time, but the game was finished early by the agreement between both directors due to a violent atmosphere.[2] The players of Racing de Córdoba received one red and five yellow cards in the final.[3]