In the 1994 season, under the orders of Roberto Hernández, O'Higgins reached the Copa Chile finals, after of beat 2–1 at the Estadio Nacional to Universidad de Chile in the semi-finals with goals of Moyano and Soto for the sky blues and for the lions scored Marcelo Salas. However, in the final against Colo-Colo, the club lost in the penalties, whilst for the Primera División tournament, Rancagua's side finished in the third place of the table, not achieving its Copa Libertadores' qualification. The next season, O'Higgins failed to qualify in the liguilla for play the Libertadores, ending only in the sixth position of the Primera División tournament, under of Cobreloa, team that reached the playoffs liguilla in the fifth place.