The 1985–86 Ronchetti Cup[1] was the 15th edition of the competition.
It was won by Dynamo Novosibirsk, which defeated 1983 champions BSE Budapest in the final match,[2] which took place in the Palau Blaugrana in Barcelona, Spain on 11 March 1986.
[3] Dynamo Novosibirsk became the fourth Soviet club to win the competition after Spartak Leningrad, Spartak Moscow and Daugava Rīga.