UEFA has confirmed that the game between Italy and Argentina to be played on Wednesday, June 1 in the first "Finalissima" in 29 years, will take place at Wembley Stadium.

The match was initially announced in September, with confirmation in December that a "renewed and extended Memorandum of Understanding (MoU) lasting until 30 June 2028" had been signed between UEFA and CONMEBOL, leading to a game to be played in London on June 1.

The original iteration, pitting the winner of the most recent European Championship against the winner of the most recent Copa America, was previously known as the Artemio Franchi Trophy and was held in 1985 and 1993.

France beat Uruguay 2-0 in the inaugural edition in 1985, while the 1993 game saw Argentina – led by Diego Maradona – beat Denmark in a penalty shoot-out.

As had been expected, the venue for this year's encounter has now been confirmed as Wembley, where the capacity will be 86,000 and tickets sold on a "first-come, first-served basis".

A statement from UEFA on Tuesday confirmed that: "[It] will give fans the chance to watch the current champions of the world's two best footballing continents contest the coveted CONMEBOL-UEFA Cup of Champions.

"Twenty-nine years after its last edition, the relaunch of this legendary footballing encounter is the result of the long-standing partnership between UEFA and CONMEBOL and will serve as a catalyst for the global development of football – uniting countries, continents, and cultures, while also demonstrating to fans around the globe that football can be a force of good in turbulent times."

Wembley holds fond memories for Italy as the venue of their Euro 2020 final victory over England last year.