Originally, this was to feature the four clubs aside from Copa de la Coronación winners Bizcaya in a knockout tournament.
However, New Foot-Ball Club had returned home after their crushing defeat to Bizcaya in the Copa de la Coronación, while FC Barcelona were forced to withdraw as their players had to return to their occupations, leaving them unable to field a team.
Therefore, the Gran Peña Cup was played as a single match between Madrid FC and Club Español.[2]
The Copa de la Coronación was the first national football tournament played in Spain, being organized as a punctual commemorative celebration. However, its success led to the organization of the first edition of the Copa del Rey the following year, then known as the Spanish Championship. Since then, it has been held on an annual basis. Due to this fact, the Copa de la Coronación is generally considered informally as the first edition of the Copa del Rey, although the Royal Spanish Football Federation does not recognize it as such.[7]