Tenants
Universitario de Deportes is the Monumental's principal tenant as well as the owner of the entire sports complex. The football club plays its home games for domestic and international matches since its opening in 2000. The inaugural match was played on 2 July 2000 against Sporting Cristal for the local Primera División with a record assistance of 54,708 spectators. The new stadium replaced the club's Estadio Teodoro Lolo Fernandez which now serves as the club's social headquarters in addition to a training ground. Since its opening, the most important derby of Peru has been repeatedly prohibited from being played there because of security issues. On 26 June 2002, the derby was allowed to be played for the first time at the Monumental between Universitario and Alianza Lima for the Torneo Apertura trophy. This first leg match was a 1–0 victory for Universitario; however the aftermath of the match inside and outside of stadium was disastrous leading to further prohibition of the match from the Monumental. After the derby's six-year absence from the Monumental, on 14 September 2008 the Estadio Monumental hosted a second derby after the club fought bitterly, seeking the authorities' approval to be able to host the game. This time the derby was successfully hosted without security issues and subsequently the stadium was not rejected for further derby matches in the following seasons.
The Peru national football team has been a minor tenant of the Monumental. Although the Estadio Nacional is the national team's home venue, on more than one occasion has Peru played at the Monumental. The first match Peru played at the Monumental was on 2 June 2001 against Ecuador for the 2002 FIFA World Cup Qualifiers. The match was an unfortunate 2–1 loss for the home side. A second qualifier was played later that year against Bolivia which was also their last fixture of the 2002 qualifiers which ended in a 1–1 draw. The Monumental hosted a third match for the national team in 2003, however this was only a friendly against Paraguay; the match was Peru's second loss at this stadium. Peru's fourth match at the Monumental was a new qualifying match in 2003 for the 2006 FIFA World Cup against Brazil. The match was 1–1 draw and there was a record assistance of 59,566 spectators. Due to the installation of artificial turf at the Estadio Nacional, the Estadio Monumental hosted 8 of Peru's 2010 FIFA World Cup Qualifiers. Of these 8 matches, 2 wins were achieved against Venezuela and Uruguay, both 1–0 victories.
The stadium hosted the Finalisima of the 2008 Copa Perú. This was the final stage of Peru's promotion tournament in which four teams played in six matches in order to gain promotion to the first division. The champion Sport Huancayo and runner-up Colegio Nacional Iquitos were promoted the first division while third place Atlético Torino and fourth place Cobresol FBC were promoted to the Segunda División.
The Monumental had a chance to be a venue for the 2004 Copa América, however conflict ignited between the club and the tournament organizers which lead to the absence of this stadium from the event.
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