| Country: | Argentina |
| Season: | 1987–88 |
| Prevseason: | 1986–87 |
| Nextseason: | 1988–89 |
1987–88 in Argentine football saw Newell's Old Boys win the Argentine championship, their first title since 1974. In the Copa Libertadores 1987 River Plate and Independiente were eliminated at the semi-final stage.
| Position | Team | Points | Played | Won | Drawn | Lost | For | Against | Difference | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Newell's Old Boys | 55 | 38 | 21 | 13 | 4 | 68 | 22 | 46 | ||
| 2 | San Lorenzo | 49 | 38 | 16 | 17 | 5 | 49 | 28 | 21 | ||
| 3 | Racing Club | 48 | 38 | 15 | 18 | 5 | 51 | 33 | 18 | ||
| 4 | River Plate | 46 | 38 | 17 | 12 | 9 | 51 | 40 | 11 | ||
| 5 | Gimnasia de La Plata | 43 | 38 | 11 | 21 | 6 | 44 | 36 | 8 | ||
| 6 | Vélez Sársfield | 41 | 38 | 14 | 13 | 11 | 51 | 41 | 10 | ||
| 7 | Rosario Central | 40 | 38 | 12 | 16 | 10 | 53 | 41 | 12 | ||
| 8 | Argentinos Juniors | 40 | 38 | 15 | 10 | 13 | 49 | 44 | 5 | ||
| 9 | Deportivo Español | 40 | 38 | 11 | 18 | 9 | 49 | 47 | 2 | ||
| 10 | Platense | 38 | 38 | 12 | 14 | 12 | 42 | 45 | style="background:#f3f3f3;" | -3 | |
| 11 | Independiente | 37 | 38 | 12 | 13 | 13 | 37 | 44 | style="background:#f3f3f3;" | -7 | |
| 12 | Boca Juniors | 35 | 38 | 12 | 11 | 15 | 40 | 55 | style="background:#f3f3f3;" | -15 | |
| 13 | Deportivo Armenio | 34 | 38 | 8 | 18 | 12 | 37 | 45 | style="background:#f3f3f3;" | -8 | |
| 14 | Ferro Carril Oeste | 33 | 38 | 7 | 19 | 12 | 27 | 35 | style="background:#f3f3f3;" | -8 | |
| 15 | Instituto de Córdoba | 33[1] | 38 | 10 | 15 | 13 | 43 | 53 | style="background:#f3f3f3;" | -10 | |
| 16 | Estudiantes de La Plata | 32 | 38 | 6 | 20 | 12 | 31 | 43 | style="background:#f3f3f3;" | -12 | |
| 17 | Racing de Córdoba | 31 | 38 | 10 | 11 | 17 | 31 | 44 | style="background:#f3f3f3;" | -13 | |
| 18 | Unión de Santa Fe | 28 | 38 | 8 | 12 | 18 | 39 | 52 | style="background:#f3f3f3;" | -13 | |
| 19 | Banfield | 28 | 38 | 7 | 14 | 17 | 36 | 56 | style="background:#f3f3f3;" | -20 | |
| 20 | Talleres de Córdoba | 27 | 38 | 6 | 15 | 17 | 40 | 64 | style="background:#f3f3f3;" | -24 |
| Position | Player | Team | Goals | |
|---|---|---|---|---|
| 1 | José Luis Rodríguez | Deportivo Español | 18 | |
| 2 | Marío Bevilaqua | Talleres de Córdoba | 17 | |
| 3 | José Iglesias | Racing Club | 16 | |
| 3 | Walter Perazzo | San Lorenzo | 16 |
Unión de Santa Fe and Banfield were relegated with the worst points averages.
Quarter-finals
| Home (1st leg) | Home (2nd leg) | 1st Leg | 2nd leg | Aggregate | |
|---|---|---|---|---|---|
| Argentinos Juniors | Racing Club | 1-1 | 1-3 | 2-4 | |
| Textil Mandiyú | San Lorenzo | 1-1 | 1-1 | 2-2[2] | |
| Rosario Central | River Plate | 0-0 | 0-1 | 0-1 | |
| Velez Sarsfield | Gimnasia La Plata | 3-0 | 1-1 | 4-1 |
Semi-finals
| Home (1st leg) | Home (2nd leg) | 1st Leg | 2nd leg | Aggregate | |
|---|---|---|---|---|---|
| River Plate | Racing Club | 3-3 | 0-1 | 3-4 | |
| Velez Sarsfield | San Lorenzo | 0-1 | 0-0 | 0-1 |
Final
| Team | Copa Libertadores 1987 | |
|---|---|---|
| Independiente | SF | |
| River Plate | SF | |
| Rosario Central | Round 1 |