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| U | TJ Vítkovice | - | FC Porto | 1:0 (1:0) | ||
| R | FC Porto | - | TJ Vítkovice | 3:0 (2:0) | ||
| U: 22.10.1986 15:30 | R: 05.11.1986 21:30 | Winnaars: FC Porto | ||||
| U | Brøndby IF | - | BFC Dynamo | 2:1 (1:0) | ||
| R | BFC Dynamo | - | Brøndby IF | 1:1 (1:1) | ||
| U: 22.10.1986 18:30 | R: 05.11.1986 13:30 | Winnaars: Brøndby IF | ||||
| U | Rosenborg BK | - | Rode Ster Belgrado | 0:3 (0:1) | ||
| R | Rode Ster Belgrado | - | Rosenborg BK | 4:1 (4:0) | ||
| U: 22.10.1986 19:00 | R: 05.11.1986 17:00 | Winnaars: Rode Ster Belgrado | ||||
| U | RSC Anderlecht | - | FCSB | 3:0 (0:0) | ||
| R | FCSB | - | RSC Anderlecht | 1:0 (0:0) | ||
| U: 22.10.1986 20:00 | R: 05.11.1986 12:30 | Winnaars: RSC Anderlecht | ||||
| U | Bayern München | - | Austria Wien | 2:0 (1:0) | ||
| R | Austria Wien | - | Bayern München | 1:1 (0:1) | ||
| U: 22.10.1986 20:00 | R: 05.11.1986 19:30 | Winnaars: Bayern München | ||||
| U | Celtic FC | - | Dinamo Kiev | 1:1 (0:1) | ||
| R | Dinamo Kiev | - | Celtic FC | 3:1 (1:0) | ||
| U: 22.10.1986 20:30 | R: 05.11.1986 18:00 | Winnaars: Dinamo Kiev | ||||
| U | Real Madrid | - | Juventus | 1:0 (1:0) | ||
| R | Juventus | - | Real Madrid | 1:3 (1:0, 1:0, 1:0) d.p. | ||
| U: 22.10.1986 21:00 | R: 05.11.1986 20:30 | Winnaars: Real Madrid | ||||
