| 1982 Copa Libertadores de América finals | |
| Event: | 1982 Copa Libertadores |
| Team1score: | 1 |
| Team2: | Cobreloa |
| Team2score: | 0 |
| Firstleg: | First leg |
| Team1score1: | 0 |
| Team2score1: | 0 |
| Date1: | November 26, 1982 |
| Stadium1: | Estadio Centenario |
| City1: | Montevideo |
| Referee1: | Assis de Aragão (Brazil) |
| Secondleg: | Second leg |
| Team1score2: | 1 |
| Team2score2: | 0 |
| Date2: | November 30, 1982 |
| Stadium2: | Estadio Nacional |
| City2: | Santiago |
| Referee2: | Jorge Romero (Argentina) |
| Previous: | 1981 |
| Next: | 1983 |
The 1982 Copa Libertadores de América finals was the final two-legged tie to determine the champion of the 1982 edition. It was contested by Uruguayan club Peñarol and Chilean club Cobreloa. The first leg of the tie was played on 26 November at Estadio Centenario (used by Peñarol as its home venue by then) with the second leg played on 30 November at Estadio Nacional in Santiago.
Peñarol won the series by 1–0 on aggregate, achieving their 4th Copa Libertadores title.[1]
The finals were played over two legs; home and away. The team that accumulated the most points —two for a win, one for a draw, zero for a loss— after the two legs was to be crowned the champion. If the two teams were tied on points after the second leg, a playoff at a neutral venue would become the next tie-breaker. Goal difference was going to be used as a last resort.
| width=150px | Team | width=350px | Previous finals app. |
|---|---|---|---|
| 1960, 1961, 1962, 1965, 1966, 1970 | |||
| 1981 |
| GK | 1 | Gustavo Fernández | ||
| DF | 4 | Víctor Diogo | ||
| DF | 2 | Walter Olivera (c) | ||
| DF | 3 | Nelson Gutiérrez | ||
| DF | 6 | Juan V. Morales | ||
| MF | 8 | Mario Saralegui | ||
| MF | 5 | Miguel Bossio | ||
| MF | 10 |  Jair | ||
| FW | 7 | Ernesto Vargas | ||
| FW | 9 | Fernando Morena | ||
| FW | 16 | |||
| Substitutes: | ||||
| FW | 17 | |||
| Manager: | ||||
| GK | 1 | Oscar Wirth | ||
| RB | 2 | Hugo Tabilo | ||
| CB | 13 | Eduardo Gómez | ||
| CB | 4 | Mario Soto (c) | ||
| LB | 20 | Enzo Escobar | ||
| DM | 6 | Eduardo Jiménez | ||
| CM | 14 | Armando Alarcón | ||
| CM | 8 | Víctor Merello | ||
| RW | 10 | Rubén Gómez | ||
| CF | 9 | |||
| LW | 15 | |||
| Substitutes: | ||||
| FW | 11 | |||
| FW | ||||
| Manager: | ||||
 Vicente Cantatore | ||||
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