| Full Members' Cup[1] | |
| Year: | 1986–87 |
| Country: | England |
| Num Teams: | 36 |
| Winners: | Blackburn Rovers |
| Count: | 1 |
| Second: | Charlton Athletic |
| Semifinal1: | Ipswich Town |
| Semifinal2: | Norwich City |
| Matches: | 35 |
| Goals: | 110 |
| Prev Season: | 1985–86 |
| Next Season: | 1987–88 |
The 1986–87 Full Members' Cup was the second edition of the tournament created to compensate for the ban on English clubs from European football following the Heysel Stadium disaster. It was won by Blackburn Rovers, who beat Charlton Athletic 1–0 in the final at Wembley.
The Following teams opted out of this competition: Liverpool, Tottenham, Arsenal, Luton Town, Nottingham Forest, Manchester United, Queens Park Rangers and Leicester City.
See main article: 1987 Full Members' Cup Final.