In the 1985–86 season Panathinaikos played for 27th consecutive time in Greece's top division, the Alpha Ethniki. They also competed in the UEFA Cup and the Greek Cup.
| 1985–86 season | |||
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| Chairman |  Yiorgos Vardinogiannis | ||
| Manager |  Kazimierz Górski/  Petr Packert | ||
| Alpha Ethniki | Winners | ||
| Greek Cup | Winners | ||
| UEFA Cup | Round of 64 | ||
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Squad edit
Note: Flags indicate national team as defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.
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Competitions edit
Alpha Ethniki edit
League table edit
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification or relegation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Panathinaikos (C) | 30 | 18 | 7 | 5 | 58 | 26 | +32 | 43 | Qualification for European Cup first round |
| 2 | OFI | 30 | 16 | 6 | 8 | 41 | 31 | +10 | 38 | Qualification for UEFA Cup first round[a] |
| 3 | AEK Athens | 30 | 13 | 10 | 7 | 42 | 28 | +14 | 36 | |
| 4 | Iraklis | 30 | 14 | 8 | 8 | 34 | 22 | +12 | 36 | |
| 5 | Olympiacos | 30 | 14 | 6 | 10 | 57 | 42 | +15 | 34 | Qualification for Cup Winners' Cup first round[b] |
Source: RSSSF
Rules for classification: 1st points; 2nd head-to-head points; 3rd head-to-head goal difference; 4th decision match.
(C) Champions
Notes:
Rules for classification: 1st points; 2nd head-to-head points; 3rd head-to-head goal difference; 4th decision match.
(C) Champions
Notes:
- ^ AEK Athens and Iraklis tied at third place with 36 points. Despite AEK was found guilty for bribe against Panserraikos, the HFF punished the club with three points deduction from 1986–87 season. A play-off game was scheduled to play in Volos on 23 June. Iraklis made a protest and showed up with 10 players. At the 53rd minute with the score at 0–0, the match interrupted permanently. At this minute Iraklis after two red cards and 2 injuries, stay with 6 players on the field. The game forfeited to AEK with 2–0.
- ^ Since Panathinaikos, winners of 1985–86 Greek Football Cup, was qualified for the 1986–87 European Cup, losing cup finalists Olympiacos earned a spot in the first round of the 1986–87 European Cup Winners' Cup.
Greek Cup edit
Final edit
The 44th Greek Cup Final was played at the Athens Olympic Stadium "Spyridon Louis".
| 28 May 1986 | Panathinaikos | 4–0 | Olympiacos | Marousi |
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Stadium: Olympic Stadium Attendance: 72,948 Referee: Kostas Dimitriadis (Piraeus) |
UEFA Cup edit
First round edit
| 18 September 1985 First leg | Torino  | 2–1 | Panathinaikos | Turin, Italy |
Comi  48'Mavridis 87' (o.g.) |
Report | Saravakos 51' |
Stadium: Stadio Comunale Vittorio Pozzo Attendance: 46,521 Referee: Erik Fredriksson (Sweden) |
| 2 October 1985 Second leg | Panathinaikos | 1–1 (2–3 agg.) | Torino | Athens, Greece |
| Saravakos 71' (pen.) |
Report | Comi 1' |
Stadium: Olympic Stadium Attendance: 73,023 Referee: Michel Vautrot (France) |