The 1969 Intercontinental Cup was a two-legged association football match contested between 1968–69 European Cup champions Milan and 1969 Copa Libertadores winners Estudiantes. It was the 10th edition of the competition. The first leg was played at the San Siro in Milan, on 8 October 1969. Milan won the home game 3–0. The return leg was held two weeks later, on 22 October, at La Bombonera in Buenos Aires. Despite suffering a 2–1 defeat, Milan won the title on aggregate.