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| 1st(1st leg) | Hércules CF | - | Recreativo Huelva | 2:1 | ||
| 2nd (2nd leg) | Recreativo Huelva | - | Hércules CF | 2:0 | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: Recreativo Huelva | ||||
| 1st(1st leg) | UD Las Palmas | - | CD Castellón | 1:1 | ||
| 2nd (2nd leg) | CD Castellón | - | UD Las Palmas | 4:2 | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: CD Castellón | ||||
| 1st(1st leg) | UE Lleida | - | Rayo Vallecano | 1:0 | ||
| 2nd (2nd leg) | Rayo Vallecano | - | UE Lleida | 1:1 | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: UE Lleida | ||||
| 1st(1st leg) | CD Logroñés | - | Racing Santander | 1:1 | ||
| 2nd (2nd leg) | Racing Santander | - | CD Logroñés | 3:1 aet | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: Racing Santander | ||||
| 1st(1st leg) | CA Osasuna | - | Real Burgos | 1:0 | ||
| 2nd (2nd leg) | Real Burgos | - | CA Osasuna | 2:0 aet | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: Real Burgos | ||||
| 1st(1st leg) | Real Oviedo | - | Espanyol Barcelona | 2:0 | ||
| 2nd (2nd leg) | Espanyol Barcelona | - | Real Oviedo | 3:2 | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: Real Oviedo | ||||
| 1st(1st leg) | Sevilla FC | - | RCD Mallorca | 1:0 | ||
| 2nd (2nd leg) | RCD Mallorca | - | Sevilla FC | 0:3 pso | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: Sevilla FC | ||||
| 1st(1st leg) | Valencia CF | - | CD Tenerife | 0:1 | ||
| 2nd (2nd leg) | CD Tenerife | - | Valencia CF | 3:1 | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 08/01/1986 | Winner: CD Tenerife | ||||
| 1st(1st leg) | Real Zaragoza | - | CD Málaga | 2:0 | ||
| 2nd (2nd leg) | CD Málaga | - | Real Zaragoza | 1:1 | ||
| 1st(1st leg): 11/12/1985 | 2nd (2nd leg): 14/01/1986 | Winner: Real Zaragoza | ||||
