The 1986 Football League Cup Final was a football match held on 20 April 1986 between Oxford United and Queens Park Rangers. Oxford won the match 3–0 to capture the League Cup – their first and only major honour. Trevor Hebberd opened the scoring in the first half, and Ray Houghton added a second. Jeremy Charles scored the third following up when John Aldridge had a shot saved by QPR goalkeeper Paul Barron. The match was played at Wembley Stadium in front of 90,396 spectators.

Oxford United Football Club is a professional association football club in the city of Oxford, England. The team compete in League One, the third level of the English football league system. The chairman is Grant Ferguson, Des Buckingham is the head coach and Elliott Moore is the captain.