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Following are the results of the 1986–87 season in Argentine football.

The competition saw Rosario Central win the Argentine Primera by a single point from fierce local rivals Newell's Old Boys. River Plate won the Copa Libertadores 1986 and followed it up with the Copa Intercontinental.

Position	Team	Points	Played	Won	Drawn	Lost	For	Against	Difference
1	Rosario Central	49	38	17	15	6	64	45	19
2	Newell's Old Boys	48	38	19	10	9	57	38	19
3	Independiente	47	38	17	13	8	70	47	23
4	Boca Juniors	46	38	18	10	10	62	49	13
5	Racing Club	44	38	16	12	10	50	41	9
6	Ferro Carril Oeste	44	38	13	18	7	40	32	8
7	San Lorenzo	44	38	15	14	9	45	38	7
8	Instituto de Córdoba	41	38	13	15	10	54	46	8
9	Vélez Sársfield	41	38	15	11	12	50	43	7
10	River Plate	39	38	13	13	12	54	49	5
11	Talleres de Córdoba	38	38	11	16	11	45	61	-16
12	Estudiantes de La Plata	37	38	10	17	11	40	45	-5
13	Gimnasia de La Plata	37	38	12	13	13	33	41	-8
14	Deportivo Español	36	38	12	12	14	29	31	-2
15	Racing de Córdoba	33	38	8	17	13	43	56	-13
16	Unión de Santa Fe	31	38	6	19	13	30	38	-8
17	Argentinos Juniors	28	38	5	18	15	45	47	-2
18	Temperley	27	38	7	13	18	28	48	-20
19	Platense	27	38	6	15	17	40	63	-23
20	Deportivo Italiano	23	38	6	11	21	29	59	-30

Rosario Central qualified for Copa Libertadores 1987 as champions of Argentina.
Teams highlighted in light blue qualified for the Liguilla Pre-Libertadores.

Top scorers

Position	Player	Team	Goals
1	Omar Palma	Rosario Central	20
2	Jorge Comas	Boca Juniors	19
3	Franco Navarro	Independiente	18

Deportivo Italiano were relegated with the worst points average (0.600)
Temperley were relegated after losing 2–0 to Platense in the relegation playoff.

Deportivo Armenio, Banfield and Belgrano de Córdoba qualified as the top 3 teams in the 2nd division.

Quarter finals

Home (1st leg)	Home (2nd leg)	1st Leg	2nd leg	Aggregate
Banfield	Independiente	1-0	0-2	1-2
Belgrano	Newell's Old Boys	0-0	0-2	0-2
Deportivo Armenio	Boca Juniors	2-4	0-2	2-6
Racing Club	Ferro Carril Oeste	0-0	1-2	1-2

Semi-finals

Home (1st leg)	Home (2nd leg)	1st Leg	2nd leg	Aggregate
Ferro Carril Oeste	Independiente	0-1	0-0	0-1
Newell's Old Boys	Boca Juniors	0-1	2-5	2-6

Final

Home (1st leg)	Home (2nd leg)	1st Leg	2nd leg	Aggregate
Independiente	Boca Juniors	2-2	2-1	4-3