| Year: | 1986 |
| Team: | Richmond Spiders |
| Sport: | football |
| Conference: | Yankee Conference |
| Short Conf: | Yankee |
| Record: | 4–7 |
| Conf Record: | 3–4 |
| Head Coach: | Dal Shealy |
| Hc Year: | 7th |
| Stadium: | UR Stadium |
The 1986 Richmond Spiders football team was an American football team that represented the University of Richmond as a member of the Yankee Conference during the 1986 NCAA Division I-AA football season. In their seventh season under head coach Dal Shealy, Richmond compiled a 4–7 record, with a mark of 3–4 in conference play, finishing tied for fifth in the Yankee.