The 1980 Izvestia Trophy was held from December 16-20, 1980, in Moscow. It was won by the Soviet Union, with Czechoslovakia finishing second, and Finland taking third.
Results[]
| URS | TCH | FIN | SWE | W | T | L | Goals | Pts | ||
| 1. | Soviet Union | *** | 4:5 | 10:0 | 2:0 | 3 | 0 | 1 | 22:7 | 6 |
| 2. | Czechoslovakia | 2:6* | *** | 1:5 | 3:0 | 2 | 0 | 2 | 11:15 | 4 |
| 3. | Finland | 0:10 | 5:1 | *** | 6:3 | 3 | 0 | 1 | 19:16 | 6 |
| 4. | Sweden | 0:2 | 0:3 | 2:8* | *** | 0 | 0 | 4 | 5:19 | 0 |