- Member of the Argentina national team who finished runner-up at the 1990 FIFA World Cup.
- Striker for Newell's Old Boys (1987-88), River Plate (1988-89), Udinese Calcio (1989-93), A.S. Roma (1993-98, 2000-02), Parma Calcio 1913 (1998-99), A.C.F. Fiorentina (1999-00) and Boca Juniors (2002).
- 37 appearances for Argentina National Football Team (1989-1998); scored 11 goals. Member of the Copa América 1989, 1995, and the Italy '90, USA '94 and France '98 squads.
- Top Scorer of the Serie B (1991).
- Won the Argentine Primera División (1988) with Newell's Old Boys; Coppa Italia (1999) and UEFA Cup (1999) with Parma Calcio 1913; Serie A (2001) and Supercoppa Italiana (2001) with A.C.F. Fiorentina.
- Father of Nicolás Balbo, Federico Balbo and Chiara Balbo.
- Captain of A.S. Roma from 1997-98.
- Played well over 250 games at Serie A.
- 2002: Retired from football at the age 36.
- Played well over 150 games for A.S. Roma.
- Played well over 100 games for Udinese Calcio.
- Over his entire career, he officially scored 204 goals in 503 matches.
- Scored 7 hat-tricks at Serie A.
- Broken Dino da Costa record on the A.S. Roma's list of the all-time top goalscorers with 87 goals.
- Finished under of the Lorenzo Bettini record on the Udinese's list of the all-time top goalscorers with 70 goals.
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