1974 Torneo Descentralizado
The 1974 season of the Torneo Descentralizado, the top category of Peruvian football, was played by 22 teams. The top six qualified to the final group stage. The relegation system was as follows: The last-placed team was relegated, the worst Lima-based, Arequipa-based and Lima Province-based teams were relegated. The national champions were Universitario.Teams
| Team | City | Stadium | Capacity | Field |
| Alfonso Ugarte | Puno | Enrique Torres Belón | 20,000 | Grass |
| Alianza Lima | Lima | Alejandro Villanueva | 35,000 | Grass |
| Atlético Chalaco | Callao | Miguel Grau | 15,000 | Grass |
| Atlético Grau | Piura | Miguel Grau | 25,000 | Grass |
| Barrio Frigorífico | Callao | Miguel Grau | 15,000 | Grass |
| Carlos A. Mannucci | Trujillo | Mansiche | 24,000 | Grass |
| Cienciano | Cusco | Garcilaso | 40,000 | Grass |
| CNI | Iquitos | Max Augustín | 24,000 | Grass |
| Defensor Lima | Lima | Nacional | 45,750 | Grass |
| Deportivo Junín | Huancayo | Huancayo | 20,000 | Grass |
| Deportivo Municipal | Lima | Nacional | 45,750 | Grass |
| Juan Aurich | Chiclayo | Elías Aguirre | 24,500 | Grass |
| León de Huánuco | Huánuco | Heraclio Tapia | 15,000 | Grass |
| Melgar | Arequipa | Mariano Melgar | 20,000 | Grass |
| Piérola | Arequipa | Mariano Melgar | 20,000 | Grass |
| Sport Boys | Callao | Miguel Grau | 15,000 | Grass |
| Sporting Cristal | Lima | Nacional | 45,750 | Grass |
| Unión Huaral | Huaral | Julio Lores Colan | 10,000 | Grass |
| Unión Pesquero | Ilo | Mariscal Nieto | 8,000 | Grass |
| Unión Tumán | Tumán | Eugenio Zapata Mingoya | 8,000 | Grass |
| Universitario | Lima | Nacional | 45,750 | Grass |
| Walter Ormeño | Cañete | Oscar Ramos Cabieses | 8,000 | Grass |
Results
First stage
Triangular de Revalidación
Final group
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UNIVERSITARIO
1974 National Champions - 15th title
