| Balkans Cup | |
| Year: | 1986 |
| Country: | Balkans |
| Num Teams: | 8 |
| Winners: | Slavia Sofia |
| Second: | Panionios |
| Matches: | 10 |
| Goals: | 37 |
| Prev Season: | 1984–85 |
| Next Season: | 1987–88 |
The 1986 Balkans Cup was an edition of the Balkans Cup, a football competition for representative clubs from the Balkan states. It was contested by 8 teams and Slavia Sofia won the trophy.[1]
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Gloria Buzău won 3–0 on aggregate.----Iraklis won 6–5 on aggregate.----Panionios won 6–3 on aggregate.
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Panionios won 4–2 on aggregate.
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Slavia Sofia won 5–3 on aggregate.