* 1986 – Nikolas Asprogenis, Cypriot footballer

* 1986 – Aaron Curry, American football player

* 1986 – Ryota Moriwaki, Japanese footballer

* 1986 – Tara Osseck, American model, Miss Missouri 2009

* 1986 – Lorena, Spanish singer

* 1986 – Blerim Džemaili, Swiss footballer

* 1986 – Marcel Granollers, Spanish tennis player

* 1986 – Athena Lundberg, American model

* 1945 – Michael J. Smith, American astronaut ( d. 1986 )

* 1986 – Dianna Agron, American actress, singer, and dancer

* 1917 – Peanuts Lowrey, American baseball player ( d. 1986 )

* 1986 – Mario, American singer-songwriter, dancer, and actor

* 1986 – Nabil El Zhar, Moroccan footballer

* 1986 – A low-pressure system that redeveloped off the New South Wales coast dumps a record 328 millimeters ( 13 inches ) of rain in a day on Sydney, New South Wales, Australia.

* 1986 – Raphael Pyrasch, German rugby player

* 1986 – Reby Sky, American model and wrestler

* 1941 – Way Bandy, American make-up artist ( d. 1986 )

* 1986 – Michael Lerchl, German footballer

* 1986 – Daniel Preussner, German rugby player

* 1986 – Tyler " Telle " Smith, American singer-songwriter and musician ( The Word Alive and In Fear and Faith )

* 1986 – Rafaela Zanella, Brazilian model, Miss Brasil 2006

Mike Gatting was the captain in 1986 – 87 but his team started badly and attracted some criticism.

* 1941 – Ede Staal, Dutch singer-songwriter ( d. 1986 )

* 1986 – Mathieu Razanakolona, Canadian skier

* 1986 – Erik Bruhn, Danish ballet dancer, choreographer ( b. 1928 )

The Enterprise's efforts culminated in the Iran-Contra Affair of 1986 – 1987, which facilitated contra funding through the proceeds of arms sales to Iran.

The Iran – Contra affair (, ), also referred to as Irangate, Contragate or the Iran-Contra scandal, was a political scandal in the United States that came to light in November 1986.

Reagan's officials attempted to illegally supply them out of the proceeds of arms sales to Iran and third party donations, triggering the Iran-Contra Affair of 1986 – 87.

* 1986 – Iran-Contra Affair: National Security Council member Oliver North and his secretary start to shred documents implicating them in the sale of weapons to Iran and channeling the proceeds to help fund the Contra rebels in Nicaragua.

* 1986 – Iran-Contra Affair: The Lebanese magazine Ash-Shiraa reports that the United States has been secretly selling weapons to Iran in order to secure the release of seven American hostages held by pro-Iranian groups in Lebanon.

In November 1986 as the sale of weapons was made public, North was fired by President Ronald Reagan, and in July 1987 he was summoned to testify before televised hearings of a joint Congressional committee formed to investigate Iran-Contra.

* Independent Counsel Lawrence E. Walsh relating to the Iran-Contra affair, 1986 – 93

In November 1986, President Reagan asked Tower to chair the President's Special Review Board to study the action of the National Security Council and its staff during the Iran-Contra Affair.

The Iran-Contra Affair came to light in November 1986, and a political scandal ensued.

In 1986, Mousavi played a great role in the Iran-Contra affair and secret negotiations and dealing with USA on helping them free the American hostages in Lebanon, in return for sale of the American weapons and spare-parts that Iran's army badly needed for Iran-Iraq War.

The search produced a May 1986 telex from Iran-Contra defendant General Richard Secord to North, discussing the gathering of information against LaRouche.

Other topics covered include the Fairness Doctrine, the Indonesian invasion of East Timor, Noam Chomsky, global warming, Roy Benavidez, the Trident submarine, the Star Wars program, the Sandinista National Liberation Front, the Iran-Contra Affair, the War Powers Act, US invasion of Lebanon during the Lebanese Civil War, the Invasion of Grenada, Óscar Romero, the El Mozote massacre, the 1986 Bombing of Libya, the collapse of the Soviet Union, the United States invasion of Panama, and the Gulf War.

* 1985 – 1986: Iran-Contra Affair-Thomas G. Clines is convicted of four counts of tax-related offenses for failing to report income from the operations.

* Oliver North ( using the name " John Clancy ") a United States Marine Corps Lieutenant Colonel and a central figure in the Iran-Contra scandal, carried a false Irish passport while visiting Iran in 1986, as did his fellow covert operatives.

At the end of the 1985 – 86 season, the team was embroiled in a betting scandal and was penalized nine points for the 1986 – 87 season.

Reagan's approval ratings plummeted in 1986 as a result of the scandal, and many Americans began to seriously question his judgement.

Other non-fiction works followed: Gotcha, the Media, the Government and the Falklands Crisis ( 1983 ), The Making of Neil Kinnock ( 1984 ), Selling Hitler ( 1986 ), an investigation of the Hitler Diaries scandal, and Good and Faithful Servant ( 1990 ), a study of Bernard Ingham, Margaret Thatcher's press secretary.

* Scandal ( 1986 ): Set in Tōkyo, the book is about a novelist who finds himself caught up in the scandal of the title.

The Westland affair was a political scandal for the British Conservative government of Margaret Thatcher in 1986.

Ramos, who was also hounded by charges of electoral fraud during the 1992 elections which were never proven in the Supreme Court, repeatedly stated that the scandal is nowhere as grave as that of People Power Revolutions of 1986 and 2001, citing factors such as the stagnant Philippine economy in the final years of the Marcos regime as well as the allegedly massive corruption of the Estrada administration.

* 15 November – A court in New Delhi finds that there is sufficient evidence to prosecute the UK based businessmen and brothers Srichand, Gopichand, and Prakash Hinduja for cheating, conspiracy, and abetting corruption in the 1986 arms procurement scandal between India and the Swedish arms manufacturer Bofors.

* 1986 The Reserve Bank of India required PNB to transfer its London branch to State Bank of India after the branch was involved in a fraud scandal.

Also in 1986, four Canadian national team players were guilty of taking bribes in a match-fixing scandal at the Merlion Cup in Singapore.

Some of these players got a place in the 1986 World Cup Mexico Team, while others were not fortunate due to the Cachirul scandal that dismissed Mexico from participating in the 1990 FIFA World Cup.

In 1986 Vicenza achieved a top flight promotion that was subsequently denied due to its involvement in the second Totonero match-fixing scandal.

Ingham managed to stay out of the damaging Westland helicopter scandal in 1986, correctly realising that any involvement by him would directly link Thatcher to the affair.

The wooing of Bass by Mercedes Kellogg in 1986, while she was still married to Ambassador Francis Kellogg, was a major social scandal.

* Health Management Associates scandal, the Canadian tainted blood scandal that began in 1986.

* Former U. S. Army reservist Charles Graner ( graduated in 1986 ) who was convicted of war crimes in connection with the Abu Ghraib prisoner abuse scandal.

Björgólfur Thor chose to go to the United States in 1986 when his father Björgólfur Guðmundsson's bankrupt firm, Hafskip, was embroiled in a financial scandal involving fraud and embezzlement.

Though Kitano was involved in a scandal concerning the Japanese gossip magazine Friday ( see: ja: フライデー襲撃事件 ) on December 9, 1986, a day before the game's release, Takeshi no Chōsenjō was released as scheduled the following day.

Outside of academia, Kliever was best known for his role in exposing a massive scandal involving SMU's football program in 1986 and 1987.

Another scandal in 1986 forced Perugia down to Serie C2.