The South American Under 17 Football Championship of 1997 was played in Paraguay from 28 February till 16 March 1997.
The host of the competition were the cities of Asunción, Pedro Juan Caballero and Encarnación.
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The 10 national teams were divided in 2 groups of 5 teams each. The top 2 teams qualified for the final round.
| Team | Pts | M | W | D | L | GF | GC |
|---|---|---|---|---|---|---|---|
| Argentina | 9 | 4 | 3 | 0 | 1 | 11 | 4 |
| Paraguay | 9 | 4 | 3 | 0 | 1 | 7 | 2 |
| Ecuador | 7 | 4 | 2 | 1 | 1 | 8 | 6 |
| Venezuela | 3 | 4 | 1 | 0 | 3 | 1 | 11 |
| Peru | 1 | 4 | 0 | 1 | 3 | 2 | 6 |
| 28 February 1997 | ||||
| Venezuela | 0:2 | Ecuador | Encarnación | |
| Paraguay | 1:0 | Peru | Encarnación | |
| 2 March 1997 | ||||
| Argentina | 6:0 | Venezuela | Encarnación | |
| Paraguay | 1:2 | Ecuador | Encarnación | |
| 4 March 1997 | ||||
| Ecuador | 2:3 | Argentina | Encarnación | |
| Peru | 0:1 | Venezuela | Encarnación | |
| 6 March 1997 | ||||
| Argentina | 2:0 | Peru | Encarnación | |
| Paraguay | 3:0 | Venezuela | Encarnación | |
| 8 March 1997 | ||||
| Ecuador | 2:2 | Peru | Encarnación | |
| Paraguay | 2:0 | Argentina | Encarnación |
| Team | Pts | M | W | D | L | GF | GC |
|---|---|---|---|---|---|---|---|
| Brazil | 8 | 4 | 2 | 2 | 0 | 8 | 3 |
| Chile | 7 | 4 | 2 | 1 | 1 | 9 | 3 |
| Colombia | 7 | 4 | 2 | 1 | 1 | 5 | 2 |
| Uruguay | 6 | 4 | 2 | 0 | 2 | 4 | 4 |
| Bolivia | 0 | 4 | 0 | 0 | 4 | 1 | 15 |
| 1 March 1997 | ||||
| Bolivia | 0:2 | Colombia | Pedro Juan Caballero | |
| Brazil | 1:1 | Chile | Pedro Juan Caballero | |
| 3 March 1997 | ||||
| Brazil | 4:0 | Bolivia | Pedro Juan Caballero | |
| Uruguay | 1:0 | Chile | Pedro Juan Caballero | |
| 5 March 1997 | ||||
| Bolivia | 1:7 | Chile | Pedro Juan Caballero | |
| Uruguay | 0:2 | Colombia | Pedro Juan Caballero | |
| 7 March 1997 | ||||
| Brazil | 1:1 | Colombia | Pedro Juan Caballero | |
| Uruguay | 2:0 | Bolivia | Pedro Juan Caballero | |
| 9 March 1997 | ||||
| Brazil | 2:1 | Uruguay | Pedro Juan Caballero | |
| Chile | 1:0 | Colombia | Pedro Juan Caballero |
The final round were played in the same system that first round, with the best 4 teams.
| Team | Pts | PJ | PG | PE | PP | GF | GC |
|---|---|---|---|---|---|---|---|
| Brazil | 9 | 3 | 3 | 0 | 0 | 12 | 4 |
| Argentina | 4 | 3 | 1 | 1 | 1 | 4 | 2 |
| Chile | 3 | 3 | 1 | 0 | 2 | 5 | 9 |
| Paraguay | 1 | 3 | 0 | 1 | 2 | 1 | 7 |
| 11 March 1997 | ||||
| Argentina | 3:0 | Chile | Asunción | |
| Brazil | 5:0 | Paraguay | Asunción | |
| 13 March 1997 | ||||
| Argentina | 0:0 | Paraguay | Asunción | |
| Brazil | 5:3 | Chile | Asunción | |
| 16 March 1997 | ||||
| Argentina | 1:2 | Brazil | Asunción | |
| Paraguay | 1:2 | Chile | Asunción |
| 1997 South American Under 17 Championship Winner Brazil 4th Title |
| Team | Players | Goals |
|---|---|---|
| Geovanni | 4 | |
| Milovan Mirosevic | 4 | |
| Juan Viveros | 4 |
| Team | Players | Position |
|---|---|---|
| Franco Costanzo | GK | |
| Janiro | DF | |
| Paulo da Silva | DF | |
| Gabriel Milito | DF | |
| Jorginho | DF | |
| Ferrugem | MD | |
| Tacio | MD | |
| Ronaldinho Gaucho | MD | |
| Milovan Mirosevic | MD | |
| Juan Viveros | FW | |
| Luciano Galletti | FW |
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