The tournament was attended by 142 teams from the main categories of Spaniard football.
The tournament began on 11 September 1985 and ended on 26 April 1986 with the final, held in Vicente Calderón Stadium in Madrid.
The final ended with a 1–0 victory over Barcelona with a solitary goal from Rubén Sosa.
The defending champions, Atlético Madrid, were defeated 2–1 (on the aggregate score) by Barcelona in the quarter-finals.
Bye: Mallorca Atlético, Lugo, Siero, Alcoyano, CD Maspalomas, Orihuela, UD Güímar, Sabiñánigo, Athletic Bilbao, Atlético Madrid, Barcelona, Real Madrid, Osasuna, Sporting Gijón.