Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1986 |  | Mario Osbén | GK |  | Colo-Colo | Colo-Colo |
| 01/1986 | | Luis Alegria | DF |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1986 | | Mario Soto | DF |  | Deportes Concepción | Concepción |
| 01/1986 | | Francisco Ugarte | MF | | Deportes Concepción | Concepción |
| 07/1985 | | Hugo Rubio | FW |  | Málaga CF | Málaga |