The first leg was held on 12 March 1975 at the Estadio Libertadores de América, then known as the Estadio de Independiente or La Doble Visera, home of Independiente. The match finished up as a 1–0 victory for the local team, with a goal scored by Agustín Balbuena in the 34th minute.[2]
Vicente Calderón Stadium hosted the return leg on 10 April 1975. Atlético Madrid won the second leg 2–0. The goals came from Javier Irureta in the 23rd and Rubén Ayala in the 85th minute. Atlético Madrid won 2–1 on aggregate,[3][4] and became the only team to win the Intercontinental Cup without winning a continental championship.