On 2 June 2011 he decided to leave the club, stating "I have other plans for my future".

[2] He spent a brief period as manager of Botev Vratsa and Litex.

On 6 June 2012 he was appointed as head coach of Montana for the third time in his career.

[6] On 3 May 2017, he was appointed as manager of Third League club Kariana Erden.

[7] In August 2018, Dzhambazki was banned for one year and fined 1,500 levs after an incident in a game against Strumska Slava in which he attacked the referee and his assistant.