1985-86 League champions

  • Austria KAC Klagenfurt
  • Belgium Olympia Heist-op-den-berg
  • Bulgaria CSKA Sofia
  • Czechoslovakia VSZ Kosice
  • Denmark Esbjerg IK
  • Finland Tappara Tampere
  • France HC Saint-Gervais
  • West Germany Kolner EC
  • East Germany Dynamo Berlin
  • Great Britain Fife Flyers
  • Hungary Ujpesti Dosza
  • Italy HC Merano
  • Japan Kokudo Tokyo
  • NHL Montreal Canadiens
  • Netherlands
  • Norway Stjernen
  • Poland Polonia Bytom
  • Romania Steaua Bucuresti
  • Spain Club Gel Puigcerda
  • Soviet Union CSKA Moscow
  • Sweden Farjestads BK
  • Switzerland HC Lugano
  • Yugoslavia Partizan Beograd

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