| | 1. | Iker Casillas | | 4. | Carlos Marchena | | 5. | Carles Puyol | | 11. | Joan Capdevila | | 15. | Sergio Ramos | | 6 | Andres Iniesta  | | (12. | Santiago Cazorla, 59')  | | 8 | Xavi | | (10. | Cesc Fabregas, 60') | | 19. | Marcos Antonio Senna | | 21. | David Silva | | 7. | David Villa | | 9 | Fernando Torres | | (17. | Daniel Guiza, 85') |
| | 13. | Andres Palop | | 23. | Jose Manuel Reina | | 3. | Fernando Navarro | | 18. | Alvaro Arbeloa | | 20. | Juanito | | 2. | Raul Albiol | | 10. | Cesc Fabregas | | 12. | Santiago Cazorla | | 14. | Xabi Alonso | | 22. | Ruben De la Red | | 16. | Sergio Garcia | | 17. | Daniel Guiza |
Coach: Luis Aragones
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 Spain |
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0 : 0 |
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Italy  |
| Kick off: , Att: 0 |
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Pen |
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Referee: Herbert Fandel |
 Andres Iniesta | 11' | | David Villa | 72' | | Santiago Cazorla | 112' |
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| Massimo Ambrosini | 31' |
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| STATISTICS (after HT, FT) |
| 58 | Ball Posession (%) | 42 |
| 18 | Shots | 7 |
| 5 | Shots on Goal | 2 |
| 23 | Fouls | 19 |
| 2 | Cautions | 1 |
| 7 | Corner Kicks | 1 |
| 2 | Offside | 4 |
|
4-2
| | penalty shoot-out : | | | | D. Villa  | [1 - 1] | F. Grosso | | | | S. Cazorla | [2 - 1] | D.D. Rossi  | | | | M. Senna | [3 - 2] | M. Camoranesi | | | | D. Guiza | [3 - 2] | A.D. Natale | | | | C. Fabregas | [4 - 2] | |
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| | 1. | Gianluigi Buffon | | 2. | Christian Panucci | | 3. | Fabio Grosso | | 4. | Giorgio Chiellini | | 19. | Gianluca Zambrotta | | 10. | Daniele De Rossi | | 13. | Massimo Ambrosini | | 20 | Simone Perrotta  | | (16. | Mauro German Camoranesi, 58')  | | 22 | Alberto Aquilani | | (7. | Alessandro Del Piero, 108') | | 9. | Luca Toni | | 18 | Antonio Cassano | | (11. | Antonio Di Natale, 75') |
| | 14. | Marco Amelia | | 17. | Morgan De Sanctis | | 5. | Alessandro Gamberini | | 23. | Marco Materazzi | | 16. | Mauro German Camoranesi | | 7. | Alessandro Del Piero | | 11. | Antonio Di Natale | | 12. | Marco Borriello | | 15. | Fabio Quagliarella |
Coach: Roberto Donadoni
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