1985–86 S.L. Benfica season lapped the first round of the league in first place, after recovering five points since September. After an event-less January, in which Benfica retained their one-point lead over Sporting; in February, Benfica faced Porto again, this time for the round of 16 of the Taça de Portugal, winning 2–1. Meanwhile, in the Primeira Divisão, they added another point in their lead over their closest competitors. In March, Benfica was eliminated of the Cup Winners' Cup by Dukla Prague, while in the Portuguese Cup, they thrashed Sporting by 5–0 in the quarter-finals. They finished the month with a replay of the
1980–81 S.L. Benfica season in a row, including a home win against Porto on 14 March in the Clássico, which gave them a four-point lead with seven matches to go. At the same time, in the Cup Winners' Cup, Benfica beat Fortuna Düsseldorf at home, after a 2–2 away draw, qualifying for the semi-final. March closed with another draw, now with Académico de Viseu, removing a point from their lead over Porto. On 8 April, Benfica met Carl Zeiss Jena for the first leg of the semi-finals, losing 2–0. Four days later, they drew with Vitória de Guimarães, and saw his lead drop to