The football tournament at the 1986 Spartakiad of Peoples of the USSR was a preparatory competition for the Soviet Union Olympic football team among the Olympic reserves.

The competition included footballers under 21 years of age (born between 1965 and 1968).

All times local (UTC+3) Leningrad finished second ahead of Estonia based on their goal difference.

Moscow finished first ahead of Kazakhstan based on their goal difference.

Moldavia finished second ahead of Lithuania based on their goal difference.