| Gruppe 1 | 16.07.1986 | Montevideo Wanderers | - | River Plate | 0:2 |  |
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| Gruppe 1 | 24.07.1986 | Peñarol | - | River Plate | 0:2 | ||||
| Gruppe 1 | 06.08.1986 | River Plate | - | Peñarol | 3:1 | ||||
| Gruppe 1 | 14.08.1986 | River Plate | - | Montevideo Wanderers | 4:2 | |
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| Gruppe 1 | 20.08.1986 | River Plate | - | Boca Juniors | 1:0 | |
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| Gruppe A | 04.09.1986 | Argentinos Juniors | - | River Plate | 0:0 | ||||
| Gruppe A | 16.09.1986 | Barcelona | - | River Plate | 0:3 | |
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| Gruppe A | 23.09.1986 | River Plate | - | Barcelona | 4:1 | |
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| Gruppe A | 26.09.1986 | River Plate | - | Argentinos Juniors | 0:2 | ||||
| Entscheidung 2. Runde | 03.10.1986 | Argentinos Juniors | - | River Plate | 0:0 | ||||
| Finale | 22.10.1986 | América de Cali | - | River Plate | 1:2 | ||||
| Finale | 29.10.1986 | River Plate | - | América de Cali | 1:0 |
Uruguay