Football League First Division 1986/87
| Pos | Club | Pld | W | D | L | F | A | GD | Pts | Notes |
| 1st | Everton | 42 | 26 | 8 | 8 | 76 | 31 | +45 | 86 | Champions |
| 2nd | Liverpool | 42 | 23 | 8 | 11 | 72 | 42 | +30 | 77 | Runners Up |
| 3rd | Tottenham Hotspur | 42 | 21 | 8 | 13 | 68 | 43 | +25 | 71 | - |
| 4th | Arsenal | 42 | 20 | 10 | 12 | 58 | 35 | +23 | 70 | - |
| 5th | Norwich City | 42 | 17 | 17 | 8 | 53 | 51 | +2 | 68 | - |
| 6th | Wimbledon | 42 | 19 | 9 | 14 | 57 | 50 | +7 | 66 | - |
| 7th | Luton Town | 42 | 18 | 12 | 12 | 47 | 45 | +2 | 66 | - |
| 8th | Nottingham Forest | 42 | 18 | 11 | 13 | 64 | 51 | +13 | 65 | - |
| 9th | Watford | 42 | 18 | 9 | 15 | 67 | 54 | +13 | 63 | - |
| 10th | Coventry City | 42 | 17 | 12 | 13 | 50 | 45 | +5 | 63 | - |
| 11th | Manchester United | 42 | 14 | 14 | 14 | 52 | 45 | +7 | 56 | - |
| 12th | Southampton | 42 | 14 | 10 | 18 | 69 | 68 | +1 | 52 | - |
| 13th | Sheffield Wednesday | 42 | 13 | 13 | 16 | 58 | 59 | -1 | 52 | - |
| 14th | Chelsea | 42 | 13 | 13 | 16 | 53 | 64 | -11 | 52 | - |
| 15th | West Ham United | 42 | 14 | 10 | 18 | 52 | 67 | -15 | 52 | - |
| 16th | Queens Park Rangers | 42 | 13 | 11 | 18 | 48 | 64 | -16 | 50 | - |
| 17th | Newcastle United | 42 | 12 | 11 | 19 | 47 | 65 | -18 | 47 | - |
| 18th | Oxford United | 42 | 11 | 13 | 18 | 44 | 69 | -25 | 46 | - |
| 19th | Charlton Athletic | 42 | 11 | 11 | 20 | 45 | 55 | -10 | 44 | ♦PO Winners |
| 20th | Leicester City | 42 | 11 | 9 | 22 | 54 | 76 | -22 | 42 | ▼Relegated |
| 21st | Manchester City | 42 | 8 | 15 | 19 | 36 | 57 | -21 | 39 | ▼Relegated |
| 22nd | Aston Villa | 42 | 8 | 12 | 22 | 45 | 79 | -34 | 36 | ▼Relegated |
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Football League Division 1/Division 2 - The Playoffs |
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Semi Finals 1st Leg |
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| Date | Home | Score | Away |
| Thu May 14 | Ipswich Town | 0-0 | Charlton Athletic |
| Thu May 14 | Leeds United | 1-0 | Oldham Athletic |
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Semi Finals 2nd Leg |
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| Sun May 17 | Charlton Athletic | 2-1 | Ipswich Town |
| Charlton Athletic won 2-1 on aggregate | |||
| Sun May 17 | Oldham Athletic | 2-1 | Leeds United |
| Leeds United won on the Away Goals Rule after drawing 2-2 on aggregate | |||
| Final 1st Leg | |||
| Sat May 23 | Charlton Athletic | 1-0 | Leeds United |
| Final 2nd Leg | |||
| Mon May 25 | Leeds United | 1-0 | Charlton Athletic |
| Aggregate Score: Charlton Athletic 1-1 Leeds United | |||
| Final Replay | |||
| Fri May 29 | Charlton Athletic | 2-1 | Leeds United |
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End of Season Notes |
| ♦ Everton finished as Football League First Division Champions |
| ♦ Liverpool finished as Football League First Division Runners Up |
| ♦ Charlton Athletic (finished 19th - First Division) Qualified for the Relegation/Promotion Playoffs |
| ♦ Oldham Athletic (finished 3rd - Second Division) Qualified for the Relegation/Promotion Playoffs |
| ♦ Leeds United (finished 4th - Second Division) Qualified for the Relegation/Promotion Playoffs |
| ♦ Ipswich Town (finished 5th - Second Division) Qualified for the Relegation/Promotion Playoffs |
| ♦ Charlton Athletic remained in the Football League First Division via the Playoffs |
| ▼Leicester City were Relegated to the Football League Second Division |
| ▼Manchester City were Relegated to the Football League Second Division |
| ▼Aston Villa were Relegated to the Football League Second Division |
| ▲Derby County were Promoted from the Football League Second Division |
| ▲Portsmouth were Promoted from the Football League Second Division |