The 1985–86 Asian Club Championship was the fifth edition of the annual Asian club football competition hosted by the Asian Football Confederation, and was the first such tournament in 14 years. Several clubs played in the qualifying round in the fall of 1985, with the final tournament being held in Jeddah, Saudi Arabia, from 19 to 29 January 1986. South Korean side Daewoo Royals won their first Asian Club Championship defeating Al-Ahli in the final.

Teams location

Champions' Cup

West Asia 1

Round 1

Note: Al-Ahli Sana'a and Al-Shorta Aden both withdrew before the draw, while the Lebanese FA did not send a team.

Round 2

West Asia 2

Participants

Final

Central Asia (Coca-Cola Cup)

Played in Colombo, Sri Lanka. The tournament was called the Coca-Cola Cup due to sponsorship reasons.

Southeast Asia (ASEAN Champions Cup)

Played in Indonesia Note: Burma and 🇵🇭 Philippines did not send a team.

Playoff

East Asia 1

East Asia 2

Note: 🇯🇵 Yomiuri withdrew before the draw. Both legs were played in South Korea as Macau did not have an AFC or FIFA-standard stadium. Daewoo Royals won 14–1 on aggregate and qualified to the Group stage

Group stage

Note: As 🇭🇰 Seiko withdrew from the final tournament, playoff runners up 🇮🇩 Krama Yudha Tiga Berlian, took their place.

Group A

Group B

Knockout stage

Bracket

Semifinal

Third place match

Final