| Season | 1986 |
|---|---|
| Dates | First stage: 2 March – 20 April 1986 Second stage: 11 October – 16 November 1986 Championship: 22–23 November 1986 |
| Champions | POSCO Atoms (1st title) |
| Asian Club Championship | Withdrew |
| Matches played | 60 |
| Goals scored | 140 (2.33 per match) |
| Best Player | Lee Heung-sil |
| Top goalscorer | Chung Hae-won (10 goals) |
| Best goalkeeper | Kim Hyun-tae |
← 1985 1987 → | |
The 1986 Korean Football Festival was the fourth season of the top football league in South Korea. Six teams participated in this season. Five of them were professional teams (Yukong Elephants, Daewoo Royals, POSCO Atoms, Lucky-Goldstar Hwangso and Hyundai Horang-i) and one was a semi-professional team (Hanil Bank). Hallelujah FC, the first South Korean first professional football club, changed its status to a semi-professional club and withdrew from the league afterwards. Sangmu FC, run by the Army also withdrew, leaving Hanil Bank as the only semi-professional team in the league.
It began on 2 March and ended on 16 November. It consisted of two stages and winners of each stage qualify for the championship playoffs. Between the two stages, the Korean Professional Football Championship in which only professional teams participated was held from May to September.
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | POSCO Atoms | 10 | 3 | 6 | 1 | 9 | 5 | +4 | 12 | Qualification for the playoffs |
| 2 | Lucky-Goldstar Hwangso | 10 | 3 | 5 | 2 | 9 | 8 | +1 | 11 | |
| 3 | Yukong Elephants | 10 | 4 | 2 | 4 | 11 | 10 | +1 | 10 | |
| 4 | Daewoo Royals | 10 | 4 | 2 | 4 | 8 | 10 | −2 | 10 | |
| 5 | Hanil Bank | 10 | 3 | 3 | 4 | 9 | 10 | −1 | 9 | |
| 6 | Hyundai Horang-i | 10 | 2 | 4 | 4 | 6 | 9 | −3 | 8 |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Qualification |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lucky-Goldstar Hwangso | 10 | 7 | 2 | 1 | 19 | 9 | +10 | 16 | Qualification for the playoffs |
| 2 | Hyundai Horang-i | 10 | 5 | 4 | 1 | 16 | 8 | +8 | 14 | |
| 3 | Daewoo Royals | 10 | 6 | 0 | 4 | 18 | 14 | +4 | 12 | |
| 4 | Yukong Elephants | 10 | 3 | 3 | 4 | 18 | 16 | +2 | 9 | |
| 5 | POSCO Atoms | 10 | 2 | 2 | 6 | 9 | 18 | −9 | 6 | |
| 6 | Hanil Bank | 10 | 1 | 1 | 8 | 8 | 23 | −15 | 3 |
| Team 1 | Agg. | Team 2 | 1st leg | 2nd leg |
|---|---|---|---|---|
| POSCO Atoms (C) | 2–1 | Lucky-Goldstar Hwangso | 1–0 | 1–1 |
| Rank | Scorer | Club | Goals | Apps |
|---|---|---|---|---|
| 1 |  Chung Hae-won | Daewoo Royals | 10 | 19 |
| 2 | Ham Hyun-gi | Hyundai Horang-i | 8 | 20 |
| 3 | Gu Bon-seok | Yukong Elephants | 7 | 18 |
| 4 | Kim Yong-se | Yukong Elephants | 6 | 10 |
| 5 | Cho Min-kuk | Lucky-Goldstar Hwangso | 5 | 10 |
| Lee Heung-sil | POSCO Atoms | 17 | ||
| Lee Sang-rae | Lucky-Goldstar Hwangso | 19 | ||
| Yoon Sung-hyo | Hanil Bank | 20 |
| Award | Winner | Club |
|---|---|---|
| Most Valuable Player | Lee Heung-sil | POSCO Atoms |
| Top goalscorer | Chung Hae-won | Daewoo Royals |
| Top assist provider | Kang Deuk-soo | Lucky-Goldstar Hwangso |
| Rookie of the Year | Ham Hyun-gi | Hyundai Horang-i |
| Manager of the Year | Choi Eun-taek | POSCO Atoms |
| Best Goalkeeper | Kim Hyun-tae | Lucky-Goldstar Hwangso |
| Fighting Spirit Award | Min Jin-hong | Yukong Elephants |
| Exemplary Award | Park Sung-hwa | POSCO Atoms |
| Best Referee | Shim Geon-taek | — |
| Special Award | Chung Hae-won | Daewoo Royals |
Source: [1]
| Position | Winner | Club |
|---|---|---|
| Goalkeeper | Kim Hyun-tae | Lucky-Goldstar Hwangso |
| Defenders | Cho Young-jeung | Lucky-Goldstar Hwangso |
| Kim Pyung-seok | Hyundai Horang-i | |
| Choi Kang-hee | Hyundai Horang-i | |
| Park No-bong | Daewoo Royals | |
| Midfielders | Cho Min-kook | Lucky-Goldstar Hwangso |
| Lee Heung-sil | POSCO Atoms | |
| Yoon Sung-hyo | Hanil Bank | |
| Forwards | Kim Yong-se | Yukong Elephants |
| Chung Hae-won | Daewoo Royals | |
| Ham Hyun-gi | Hyundai Horang-i |
Source: [2]
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