Not being able to be in the same division as the main team, Levski II is ineligible for promotion to the First League and also cannot compete in the Bulgarian Cup.

Since 2015, the Bulgarian Football Union allowed teams to have reserve sides in the lower regional divisions.

With the idea to give youth players the chance to get senior experience in men's football, Levski Sofia announced it has founded a reserve team that will compete in the Third League during its inaugural 2022–23 season.

[1] On 4 June 2022, Elin Topuzakov was announced as the head coach of the team.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.