Goalflashes and major incidents (all times GMT):
1216: FULL-TIME Sao Paulo 1-0 Liverpool
Sao Paulo are the 2005 Club World champions. The Brazilian side have hung on for victory - their third World title - despite some sustained pressure from Liverpool, who did everything but score in the second half.
1215: A corner - Liverpool's 17th of the game compared to Sao Paulo's one - is cleared to Steven Gerrard, but his drilled shot drifts well wide of goal as another opportunity goes astray.
1214: Harry Kewell is clattered as he goes up for a high ball in the area but the referee is not interested in a penalty and Liverpool's chance is now surely gone.
1213:The 90 minutes are up and Liverpool have just three minutes of added time to find the leveller their enterprising forward play has deserved.
1211: Florent Sinama Pongolle bundles the ball into the net after Peter Crouch causes havoc in the area - but again Liverpool are denied an equaliser by a touch-and-go offside decision.
1210: The Brazilians are hanging on grimly and have everyone behind the ball as they look to play out the final few minutes. Liverpool have resorted to pumping the ball forwards but they are still causing trouble for the Sao Paulo defence.
1208: Peter Crouch comes on for Liverpool as they step up their search for a goal. The in-form striker replaces Fernando Morientes but has less than six minutes to continue his run of goalscoring form.
1203: There are just 10 minutes left for Rafael Benitez's side to find an equaliser. They managed an incredible comeback to become European champions in May - and they will need a similar recovery now.
1202: Liverpool are at last making a change. But Peter Crouch and Djibril Cisse must wait for their chance as John Arne Riise and Florent Sinama Pongolle replace Stephen Warnock and Momo Sissoko.
1158: With 15 minutes left, Liverpool are yet to make their first substitution. Sao Paulo have brought on Grafite for Aloisio to bolster their defence - but for the time being Reds strikers Peter Crouch and Djibril Cisse are kicking their heels on the bench.
1154: Steven Gerrard cuts in from the left and smashes the ball goalwards, but his shot is straight at Rogerio Ceni who catches the ball comfortably.
1148: The Reds are still well on top - but they have only 25 minutes left if they are to find a way back into this match and go on to win the World Club Championship for the first time.
1147: Will Liverpool ever find a way past Rogerio Ceni? This time the Sao Paulo keeper arches back brilliantly to keep out Luis Garcia's shot after the winger finds space in the area.
1145: Liverpool continue to press and almost fashion a spectacular equaliser. Steve Finnan's cross is headed down by Harry Kewell and Fernando Morientes tries his luck with an overhead kick that bounces narrowly wide of the post.
1144: Luis Garcia does get the ball in the net for Liverpool from Fernando Morientes' cross - but the referee's assistant belatedly raises his flag and the goal is ruled out for off-side.
1139: Steven Gerrard looks to break down the right flank but is brutally hacked down by Lugano, who gets a yellow card for what was a knee-high challenge.
1136: Sami Hyypia challenges Rogerio Ceni when the resultant corner is swung in - and the keeper needs treatment after coming off much the worse from the encounter.
1135: Steven Gerrard goes close with a bending free-kick from 30 yards. It is heading for the top corner but Rogerio Ceni acrobatically leaps to palm it wide.
1133: Sao Paulo have come out with more attacking intent after the interval but Liverpool are still getting forward well too thanks to some slick passing exchanges.
1128: Liverpool start the second half with manager Rafael Benitez resisting the temptation to make any changes and sticking with the side that started the match.
1110: HALF-TIME Sao Paulo 1-0 Liverpool
Liverpool may be going in for the interval a goal behind but they will be encouraged by the way they have dominated since falling behind to Mineiro's goal.
1105: Sao Paulo seem to have weathered the storm as we near the end of the first half, but the earlier incident with the net means there will be five minutes of time added on.
1059: Another Liverpool near-miss sees Luis Garcia reach Steven Gerrard's free-kick in front of goal - but Ceni reacts well to turn the ball round the post.
1058: Sao Paulo goalkeeper Rogerio Ceni is still wearing his trademark scarf but with Liverpool doing a lot to keep him warm it is unlikely he will need it for much longer.
1056: Harry Kewell is another Liverpool player having a good game so far and his cross from the left eventually falls to Steven Gerrard on the edge of the box. Usually these sort of chances are snapped up by the Reds skipper but this time he screws his first-time shot wide of the post.
1055: Liverpool's impressive run without conceding may have just been ended after 17 hours and 21 minutes - but Rafael Benitez's side have responded brightly and the game is now a far more open contest.
1052: Luis Garcia goes close again, just failing to direct another Xabi Alonso cross on target.
1048: Liverpool almost manage an instant reply. Xabi Alonso sends in a corner and Luis Garcia rises to send a header crashing against the crossbar.
1047: GOAL Sao Paulo 1-0 Liverpool
Mineiro gets in behind the Liverpool defence and confidently slots home to end Liverpool's long run without conceding a goal.
1045: Amoroso goes close again, this time just failing to latch on to Josue's cross in front of goal.
1043: Fernando Morientes is looking lively despite being on his own up front and he briefly finds space in front of goal before being closed down by Fabio Santos.
1042: The Brazilians find a way through the Reds defence for the first time. The ball breaks for Amoroso on the edge of the area but he shoots straight at Jose Reina.
1037: Sao Paulo at last begin to wake up and force Liverpool keeper Jose Reina into action for the first time - the big Spaniard rushing from his goal to punch clear a long ball into his penalty area.
1033: Liverpool have had the better of the opening exchanges but there have been no clear chances for either side yet.
1028: Steven Gerrard fires in an enticing cross from the right but Harry Kewell is unable to direct his header and the chance is gone.
1022: The game is held up for four minutes while the goal net at Sao Paulo's end is repaired following a one-man pitch invasion.
1021: Liverpool almost make the perfect start. Steven Gerrard crosses from the right but although Fernando Morientes gets power behind his header he can not direct it, and the ball flies wide.
1020: Sao Paulo get the World Club Championship final under way. They kick off - then pause for a period of silence in memory of Liverpool manager Rafael Benitez's father, who died last week.
1012GMT: Both teams are out on the pitch at the Mitsuzawa Stadium, which is close to capacity.
Sao Paulo select Fabio Santos ahead of Fabao in defence but are otherwise unchanged from the side that beat Al Ittihad 3-2 on Wednesday.
Team: Rogerio, Cicinho, Fabio Santos, Edcarlos, Lugano, Junior, Mineiro, Josue, Danilo, Amoroso, Aloisio. Substitutes: Grafite, Christian, Alex, Denilson, Fabao, Renan, Donizeti Flavio, Thiago, Richarlyson, Souza, Bosco, Roberto Flavio.
Liverpool make five changes from the team that beat Deportivo Saprissa 3-0 in the semi-final, including leaving two-goal hero Peter Crouch and fellow striker Djibril Cisse on the bench and bringing Luis Garcia and Fernando Morientes into the starting line-up
Team: Reina, Carragher, Warnock, Finnan, Hyypia, Kewell, Gerrard, Luis Garcia, Alonso, Morientes, Sissoko. Substitutes: Dudek, Riise, Cisse, Sinama Pongolle, Carson, Crouch, Josemi, Traore, Hamann.