| Everton | 2 |
Dave Watson 29' Graeme Sharp 36' | |
| Cruzeiro | 1 |
Balu 72' | |
HT: 2-0
Wednesday 3 August 1988
Philips Cup semi-final
Line-Up
- Neville Southall
- Neil McDonald
- Dave Watson
- Ian Snodin
- Neil Pointon
- Pat Nevin
- Trevor Steven
- Kevin Sheedy
- Ian Wilson
- Graeme Sharp
- Tony Cottee
Substitutions
74'
Adrian Heath
(for Pat Nevin)