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| 1st(1st leg) | Sporting CP | - | 1. FC Köln | 1:1 (0:0) | ||
| 2nd (2nd leg) | 1. FC Köln | - | Sporting CP | 2:0 (2:0) | ||
| 1st(1st leg): 04/03/1986 | 2nd (2nd leg): 18/03/1986 | Winner: 1. FC Köln | ||||
| 1st(1st leg) | Real Madrid | - | Neuchâtel Xamax FC | 3:0 (1:0) | ||
| 2nd (2nd leg) | Neuchâtel Xamax FC | - | Real Madrid | 2:0 (1:0) | ||
| 1st(1st leg): 05/03/1986 | 2nd (2nd leg): 19/03/1986 | Winner: Real Madrid | ||||
| 1st(1st leg) | Inter | - | FC Nantes | 3:0 (1:0) | ||
| 2nd (2nd leg) | FC Nantes | - | Inter | 3:3 (3:1) | ||
| 1st(1st leg): 05/03/1986 | 2nd (2nd leg): 19/03/1986 | Winner: Inter | ||||
| 1st(1st leg) | Hajduk Split | - | KSV Waregem | 1:0 (1:0) | ||
| 2nd (2nd leg) | KSV Waregem | - | Hajduk Split | 5:4 (0:0, 1:0, 1:0) pso | ||
| 1st(1st leg): 05/03/1986 | 2nd (2nd leg): 19/03/1986 | Winner: KSV Waregem | ||||
