Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1986 |  | Jorge Gonçalves | DF | |||
| 01/1986 | | Sergio Panzardo | DF |  | Bella Vista | Bella Vista |
| 01/1986 | | Juan Rabino | DF | |||
| 01/1986 | | José Luis Russo | DF | |||
| 01/1986 | | Juan Acosta | MF |  | Colón de Santa Fe | Colón |
| 01/1986 | | Luis Acosta | FW |  | River Plate | River Plate |
| 01/1986 | | Diego Aguirre | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/1986 | | Miguel Bossio | MF |  | Valencia CF | Valencia |
| 07/1986 | | Hebert Revetria | MF |  | Colo-Colo | Colo-Colo |
| 01/1986 |  | Víctor Hurtado | FW |  | Universitario de Deportes | Universitario |