The 1977 European Super Cup was an association football match played over two-legs between German team Hamburger SV and English team Liverpool. The first leg was played at the Volksparkstadion, Hamburg on 22 November 1977 and the second leg was played on 6 December 1977 at Anfield, Liverpool. The match was for the European Super Cup, an annual contest between the winners of the European Cup and European Cup Winners' Cup. Both teams were appearing in the competition for the first time.

The teams qualified for the competition by winning the European Cup and European Cup Winners' Cup. Hamburg won the 1976–77 European Cup Winners' Cup beating Belgian team Anderlecht 2–0 in the final. Liverpool qualified by winning the 1976–77 European Cup. They beat German team Borussia Mönchengladbach 3–1 in the final.

Watched by a crowd of 16,000 at the Volksparkstadion, Hamburg took the lead in the first half of the first leg when Ferdinand Keller scored. A David Fairclough goal in the second half levelled the match at 1–1, which remained the score when the match finished. A crowd of 34,391 saw Liverpool take the lead in the second leg when Phil Thompson scored in the 21st minute. A hat-trick from Terry McDermott and a goal each from Kenny Dalglish and Fairclough secured a 6–0 win for Liverpool. Thus, Liverpool won 7–1 on aggregate to win their first European Super Cup.

The European Super Cup was founded in the early 1970s, as a means to determine the best team in Europe and serve as a challenge to Ajax, the strongest club side of its day. The proposal by Dutch journalist Anton Witkamp, a football match between the holders of the European Cup and Cup Winners' Cup, failed to receive UEFA's backing, given the recent Cup Winners' Cup winners Rangers had been banned from European competition. Witkamp nonetheless proceeded with his vision, a two-legged match played between Ajax and Rangers in January 1973. The competition was endorsed and recognised by UEFA a year later.

Liverpool qualified for the Super Cup as winners of the 1976–77 European Cup. They had beaten German team Borussia Mönchengladbach 3–1 in the final to win the European Cup for the first time. It was Liverpool's first appearance in the Super Cup. Hamburger SV had qualified for the competition as winners of the 1976–77 European Cup Winners' Cup. A 2–0 victory against Anderlecht ensured they won the European Cup Winners' Cup for the first time. Hamburg were also appearing in their first Super Cup match.

Both teams were midway through their respective domestic campaigns at the time of the matches. Liverpool's last game before the first leg was against Bristol City, which they drew 1–1. This result left Liverpool sixth in the 1977–78 Football League. Hamburg played Borussia Dortmund in the 1977–78 Bundesliga in their last match before the first leg, which they lost 2–1. A subplot to the matches was that Hamburg striker Kevin Keegan, would be playing against the club that he left the previous season. Keegan joined Hamburg for £500,000 following Liverpool's European Cup success. Keegan was confident in Hamburg's chances going into the match: "We're beginning to run into form, Liverpool, on the other hand, are tired physically and mentally. People don't realise they are only human. I would probably have lost the edge if I had stayed."

Neither side created many chances in what Patrick Barclay, writing in The Guardian described as "a banal, unadventurous first half." Liverpool had chances to score through Jimmy Case, Ray Kennedy and David Fairclough but they were unable to convert them. Ferdinand Keller was unable to convert a headed chance into goal, but he did score in the 29th minute. Klaus Zaczyk passed to Keller whose shot went beyond Liverpool goalkeeper, Ray Clemence, to give Hamburg a 1–0 lead. Three minutes later, Joey Jones was replaced by Tommy Smith after he picked up a thigh injury from attempting a long-range shot.

The first chance of the second half fell to Fairclough when he was put through on the left hand side of the pitch but he was unable to score. Following this, midfielder Jimmy Case was replaced by striker David Johnson in the 58th minute. Hamburg made two substitutions in the 63rd and 64th minutes with Andreas Karow and Horst Bertl replacing Manfred Kaltz and Felix Magath respectively. A minute later, Liverpool had equalised. Bertl's first touch of the ball was a header from a cross by Kenny Dalglish, which caught out Hamburg goalkeeper, Jürgen Stars, and allowed Fairclough to head the ball into Hamburg goal and level the match at 1–1. Barclay stated the goal "roused Hamburg to their most animated spell" with Clemence saving a shot by Arno Steffenhagen. Stars stopped a chance from Dalglish, and Johnson was unable to convert Dalglish's cross from 5 yards (4.6 m) as his shot went over the crossbar. After the game, Liverpool manager, Bob Paisley, was satisfied with the result: "In the end, I was quite pleased. It was an encouraging performance. But I do not rate Hamburg and I did not rate them when we played them in August in a pre-season friendly." Keegan was not so positive about Hamburg's performance: "We were pathetic. The last two weeks we have played well but we were terrible tonight. Liverpool played quite well and got better as the game went on. I have mixed feelings about my return to Anfield now. If we had a 5–0 lead I would have loved it. I am still looking forward to it, but not so much."