Having decided the winner over two legs since the competition's inception, next year's tournament will boast a new final format
Chile's capital city Santiago has been chosen by CONMEBOL as the venue for the first single Copa Libertadores final in the competition's long history.
The Libertadores has been held uninterruptedly since 1960, and is regarded as the most important club competition in South American football.
Legends like Pele, Ricardo Bochini, Zico and Alberto Spencer are among its former winners, while in more recent times the likes of Juan Roman Riquelme Carlos Tevez, Ronaldinho, Neymar and Juan Sebastian Veron have triumphed.