Liverpool qualified for the
Intercontinental Cup as the reigning
European Cup winners. They won the
1980–81 European Cup beating
Real Madrid 1–0 in the
final. This was their first appearance in the Intercontinental Cup. They had been scheduled to take place in
1977 and 1978 but did not compete. They declined to play in 1977 and were replaced by runners-up
Borussia Mönchengladbach, while Liverpool decided against playing
Boca Juniors in 1978 due to the brutality of previous Intercontinental Cup matches.
Flamengo qualified for the competition as a result of winning the
1981 Copa Libertadores. They beat Chilean team
Cobreloa 2–0 in a playoff after the previous two-legs had resulted in a 2–2 draw on points. The second leg and replay were marred by brutality. Flamengo players
Adílio and
Lico were cut by a rock brought onto the pitch by Cobreloa defender
Mario Soto during the second leg. While four players were sent off in the playoff. It was Flamengo's first appearance in the Intercontinental Cup after winning the Copa Libertadores for the first time. Liverpool's last match before the Intercontinental Cup was against
Arsenal in the fourth round of the
1981–82 Football League Cup. They won 3–0 in extra time courtesy of goals from
Craig Johnston,
Terry McDermott and
Kenny Dalglish. The last match Flamengo played before the Intercontinental Cup was against
Vasco de Gama in the final match of the
1981 Campeonato Carioca. Flamengo won 2–1 with goals from
Adílio and
João Batista Nunes to win the competition. Before the match, Liverpool manager
Bob Paisley was informed of the death of goalkeeper,
Bruce Grobbelaar's father. It was decided to keep the news of the death from him to maintain his focus on the match. ==Match==