The tournament comprised hosts Italy and 15 other teams who emerged victorious from the qualification phase, The 16 teams competed in a group stage in the first round, from which eight teams qualified for the knockout stage.[2] En route to the final, Yugoslavia finished first in Group 1 with two wins and one draw, first winning against United Arab Republic 6–1 and Turkey 4–0, then drawing against Bulgaria 3–3. They then beat hosts Italy in the semi-finals by lots after a 1–1 draw. Denmark finished first in Group 3 with three wins, defeating Argentina 3–2, Poland 2–1 and Tunisia 3–1), and defeating Hungary 2–0 in the semi-finals. The final took place in front of 23,042 spectators and was refereed by Concetto Lo Bello.
Yugoslavia took the lead in the first minute through Milan Galić in the first minute before Željko Matuš further increased their lead in the 11th minute. A third goal was scored for Yugoslavia through Bora Kostić in the 69th minute, only then Denmark scored a consolation goal in the 90th minute by Flemming Nielsen, until Yugoslavia won the match and became gold medalists for 1960.[3]
United Arab Republic
Turkey
Bulgaria
Italy
Argentina
Poland
Tunisia
Hungary
Denmark
