1985–86 European Cup Winners' Cup
The 1985–86 European Cup Winners' Cup was won by Dynamo Kyiv in the final against Atlético Madrid. It was their second title in the competition, and first since 1975.
Reigning champions Everton, who initially qualified for the European Cup instead as the 1984–85 Football League champions, and 1985 FA Cup winners Manchester United missed out on European football due to the newly enacted five-year ban on English clubs participating in Europe, following the Heysel Stadium disaster on 29 May 1985.
CSKA Sofia were barred from entering after the riots during the Bulgarian Cup final.First leg
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----Second leg
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Dynamo Kyiv won 6–3 on aggregate.
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----Second round
First leg
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----Second leg
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Dynamo Kyiv won 5–2 on aggregate.
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----Quarter-finals
First Leg
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----Second Leg
Dynamo Kyiv won 9–2 on aggregate.
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----Semi-finals
First Leg
----Second Leg
Dynamo Kyiv won 4–1 on aggregate.
----Final
Top scorers
The top scorers from the 1985–86 UEFA Cup Winners' Cup are as follows:
| Rank | Name | Team | Goals |
| 1 |  Igor Belanov | Dynamo Kyiv | 5 |
| 1 | Oleg Blokhin | Dynamo Kyiv | 5 |
| 1 |  Frank Lippmann | Dynamo Dresden | 5 |
| 1 | Oleksandr Zavarov | Dynamo Kyiv | 5 |
| 5 |  Sulejman Halilović |  Rapid Wien | 4 |
| 6 |  Thomas Bergman | AIK | 3 |
| 6 |  Marian Bîcu | Universitatea Craiova | 3 |
| 6 |  Rudolf Bommer | Bayer Uerdingen | 3 |
| 6 |  Bent Christensen | Lyngby BK | 3 |
| 6 |  Jorge Orosmán da Silva |  Atlético Madrid | 3 |
| 6 | Sven Dahlkvist | AIK | 3 |
| 6 | Friedhelm Funkel | Bayer Uerdingen | 3 |
| 6 | Wolfgang Funkel | Bayer Uerdingen | 3 |
| 6 |  Lárus Guðmundsson | Bayer Uerdingen | 3 |
| 6 |  Pavel Korejčík | Dukla Prague | 3 |
| 6 | Peter Pacult | Rapid Wien | 3 |
| 6 | Stanislav Pelc | Dukla Prague | 3 |
| 6 | Hans-Uwe Pilz | Dynamo Dresden | 3 |
| 6 | Wolfgang Schäfer | Bayer Uerdingen | 3 |
| 6 | Quique Setién | Atlético Madrid | 3 |
| 6 | Ladislav Vízek | Dukla Prague | 3 |
| 6 | Ivan Yaremchuk | Dynamo Kyiv | 3 |
| 6 | Vadym Yevtushenko | Dynamo Kyiv | 3 |
