Sir Thomas Lipton (10 May 1848 – 2 October 1931), best known for his tea business, was a keen sportsman and a world-renowned yachtsman. He was also interested in football and donated the the Copa Lipton trophy (also known as Copa de Caridad Lipton) which was contested 29 times between Argentina and Uruguay from 1905 to 1992. The trophy was donated by the Scottish tea magnate Thomas Lipton for a tournament between the two countries either side of the Río de La Plata with the condition that the teams be made up of only native born players. In the event of a draw the cup is traditionally awarded to the away team and the date and rules of the next tournament are set by the holders.
Argentina have won the trophy outright on 18 occasions and Uruguay 11 occasions.