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In the following 2011 / 12 season in the Third Qualifying Round of the Europa League, Levski were surprisingly eliminated by Spartak Trnava of Slovakia, following a late-minute 2-1 win in Sofia, and a loss of the same scoreline in Trnava.
The penalty shootout cost Levski a place in the Playoff round.
This caused an upset with the fans and players, the team barely clinching the fourth position at the winter break in the " A " PFG.
Albeit only three points from the leaders Ludogoretz, the acting manager Gerogi Ivanov was sacked from the position, but remained in the club as a sporting director.
Nikolay Kostov was appointed as the new manager of the club, giving the supporters a sense of optimism, which, however faded after a cup knock-out in the hands of Lokomotiv Plovdiv and a surprise loss at home to Minyor Pernik.
Kostov shockingly handed in his resignation, leaving the managerial post once again vacant.
Sporting Director Georgi Ivanov once again stepped up to help his club, and accepted being manager until the summer break, when a new one will be appointed.

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