The 1986–87 Women's Basketball European Cup^[1] was the 29th edition of the competition. The final took place in Thessaloniki on 12 March 1987 and confronted defending champion AS Vicenza and 1986 Ronchetti Cup champion Dynamo Novosibirsk, with the Italians winning their third European Cup in a row, an overall fourth.^[2]

Team #1	Agg.	Team #2	1st leg	2nd leg
Maden Tetkik Ankara	103–167	Universitatea Cluj	59–92	44–75
Pully	142–276	Partizan	82–126	60–150
Crystal Palace	119–190	DBB Wien	67–85	52–105
Tampere Pyrintö	114–140	Canadians Amstelveen	55–70	59–70
Sporting Athens	112–148	Elitzur Tel Aviv	46–76	66–72
RCO Brussels	193–79	Sporting Luxembourg	102–42	91–37
Real Canoe	111–149	Stade Français Versailles	59–82	52–67

Team #1	Agg.	Team #2	1st leg	2nd leg
Primigi Vicenza	Bye		—	—
Solna Vikings	149–170	Dynamo Novosibirsk	70–68	79–102
ŁKS Łódź	183–188	Universitatea Cluj	112–79	71–109
BSE Budapest	143–151	Partizan	69–68	74–83
DBB Wien	118–164	Levski-Spartak Sofia	74–84	44–80
Canadians Amstelveen	135–170	Agon 08 Düsseldorf	72–87	63–83
Elitzur Tel Aviv	112–153	Sparta Prague	52–53	60–100
RCO Brussels	143–164	Stade Français Versailles	77–77	66–87

	Team	Pld	W	L	PF	PA
1.	Primigi Vicenza	6	6	0	526	396
2.	Dynamo Novosibirsk	6	4	2	539	462
3.	Universitatea Cluj	6	1	5	413	522
4.	Partizan	6	1	5	413	522

	Team	Pld	W	L	PF	PA
1.	Levski-Spartak Sofia	6	5	1	498	456
2.	Agon 08 Düsseldorf	6	3	3	449	459
3.	Sparta Prague	6	2	4	425	442
4.	Stade Français Versailles	6	2	4	424	439

Team #1	Agg.	Team #2	1st leg	2nd leg
Primigi Vicenza	154–132	Agon 08 Düsseldorf	89 – 53	65 – 79
Dynamo Novosibirsk	180–157	Levski-Spartak Sofia	96 – 60	84 – 97

12 March 1987

Primigi Vicenza

86–73

Dynamo Novosibirsk

Thessaloniki