Hugo Ricardo Talavera Valdez (born 31 October 1949 in Asunción, Paraguay) is a former football midfielder and forward.^[1]

Talavera started his career at Nacional of Barrio Obrero before moving to Club Guaraní, where he played briefly. His career advanced in 1971, when he joined Cerro Porteño and won three national championships in a row. In 1975, Talavera moved to rival club Olimpia, where he became a key player by winning several national and international titles until 1985, the year of his retirement. In 1979 He was champion of the Copa Libertadores and the Intercontinental Cup. He also played for the Argentine club Newell's Old Boys.

At the national team level, Talavera was part of the Paraguay squad that won the 1979 Copa América tournament. That year Talavera won everything at the club level and at the national team level, being captain and figure.

After retiring from football, he briefly acted as Olimpia's head coach in 2005.

• Cerro Porteño
  • Paraguayan Primera División: 1972, 1973, and 1974
• Olimpia
  • Paraguayan Primera División: 1978, 1979,1980, 1981, 1982, 1983, and 1985
  • Copa Libertadores: 1979
  • Copa Interamericana: 1979
  • Intercontinental Cup: 1979

•  Paraguay
  • Copa América: 1979

• Olimpia Website