| Tournament details | |
|---|---|
| Host country | Ukrainian SSR |
| Dates | 9 July – 27 July |
| Teams | 17 |
| Venue(s) | 6 (in 6 host cities) |
| Final positions | |
| Champions |  Ukrainian SSR (1st title) |
| Runners-up |  Uzbek SSR |
| Third place |  Moscow |
| Fourth place |  Moldavian SSR |
| Tournament statistics | |
| Matches played | 44 |
| Goals scored | 150 (3.41 per match) |
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 took place on July 9 through July 27, 1986 as part of the Spartakiad of Peoples of the USSR.
The competition included footballers under 21 years of age (born between 1965 and 1968). All participating teams at first were split in four groups with top two team in each of them advancing to the next round forming two semifinal groups of four in each. Depending on their standing in their groups, teams would play off with another team that placed the same place in another group.
