The 1986–87 European Cup was the 22nd edition of the European Cup, IIHF's premier European club ice hockey tournament.
The season started on October 2, 1986, and finished on September 27, 1987.
The tournament was won by CSKA Moscow, who won the final group.
* Official score, due to irregular registration of two Mont-Blanc players Tappara, HC Lugano,
TMH Polonia Bytom : bye Färjestads BK, Kölner EC, TJ VSŽ Košice, CSKA Moscow : bye (Lugano, Ticino, Switzerland)