This edition featured a Merseyside derby between Liverpool and Everton at Wembley Stadium.

Liverpool achieved a First Division and FA Cup double in 1985–86 so they faced Everton who finished as runners-up in the League.

Adrian Heath opened the scoring for Everton in the 80th minute when he ran in on goal to shoot right footed to the left of the goalkeeper from six yards.

Ian Rush equalised in the 88th minute when he side footed to the net from six yards after a low cross from the right.

The two clubs shared the title, each holding the shield for six months.