 Eventually he wound up in Chile, winning the Recopa Sudamericana and Copa Interamericana with Colo-Colo in 1992, and concluded his playing career with Santiago Wanderers in 1999.Borghi was called up to the Argentina national team for the 1986 FIFA World Cup in Mexico, where he won the World Cup with Argentina and played alongside Diego Maradona at his peak.After retiring as a player, Borghi started a career as a manager in Chile, between 2004 and 2005 he worked as the coach of Audax Italiano.