Ivanov returns for third crack as Levski coach

"Georgi Ivanov will be Levski coach until the end of the season and we'll have a new coach after that," the club's chief executive Ivo Tonev told reporters. "We'll announce the name of the new coach on April 24."

Levski confirmed that they had held talks with Stanimir Stoilov, who guided the 26-times Bulgarian champions to the UEFA Cup quarter-finals and to the Champions League group stages in 2006.

Former striker Ivanov, 35, replaced Serbian Ratko Dostanic in 2009 on an interim basis and then took the post from Yasen Petrov last May only to quit following Levski's 1-0 defeat by bitter city rivals CSKA in October.

He became a crowd favourite after scoring a record 15 goals in the "eternal derby", as matches between traditional Sofia rivals Levski and CSKA are known.