Short answers, pulled from the story.
Football was absent from the 1932 Summer Olympics due to a fundamental disagreement between FIFA and the International Olympic Committee regarding player eligibility. The IOC insisted that only amateur players could compete while FIFA argued for the inclusion of professional athletes.
Sixteen countries participated in the tournament including Austria, China, Egypt, Finland, Germany, Great Britain, Hungary, Italy, Japan, Luxembourg, Norway, Peru, Poland, Sweden, Turkey, and the United States. Nations such as France and the Dutch Football Federation refused to participate because of strict amateurism rules.
Austria defeated Peru 4 to 2 after extra time but officials demanded a rematch claiming fans had stormed the field with revolvers. Peru and Colombia withdrew their entire delegations from Germany in protest against the decision by the Olympic Committee and FIFA to schedule a replay behind closed doors.
Italy won the gold medal in the final match on the 10th of August 1936 by defeating Austria 2 to 1 in extra time. Vittorio Pozzo managed the squad featuring players like Bruno Venturini and Alfredo Foni who secured Italy's first Olympic Football title since entering the tournament.
Japan became the first Asian team to win any World Cup or Olympic football match when they defeated Sweden 3 to 2 despite leading 2 to 0 after forty-five minutes. This victory marked a historic moment for underdogs challenging established powers within political pressure.