Chosen by Conmebol to host the 1924 Copa America, Paraguay was unable to meet the deadline to organize the competition. Without a proper stadium and hotel infrastructure, the country was obliged to give up organizing the event, which was held in Paraguay in 1999.
Capitalizing on the title won in the Olympic Games, held in Paris, the Uruguayans took on the responsibility of hosting the tournament once again, as they did in 1923. Boasting the same squad that clinched the Gold medal, Uruguay ruled the roost and, five months after the Olympics, they lifted their second South-American title in succession, their fifth overall.
The most valuable player of that winning side was defender and skipper José Nasazzi. Leading the Uruguayan team by example in the 20’s and 30’s, Nasazzi amassed an unmatched collection of trophies, including the 1930 World Cup, two Olympic Gold medals (1924 and 1928), four Copa América titles (1923, 1924, 1926 and 1935), apart from two Uruguayan national championships (1933 and 1934), playing for Nacional.
Besides being the greatest champion, Argentina has also most of the runner-up titles – total of 12. As the runner-up in 2004 and 2007, Argentina surpassed Brazil (11 runner-up titles). Uruguay held the title six times.