After the forceful union of Levski Sofia with Spartak in the late 1969 he became one of the best players in blue.

In Levski he stayed twelve seasons, playing in 301 games and scoring 130 goals in the Championship.

With 22 goals Panov is the Third highest all-time Bulgarian goalscorer in European club competitions, after Hristo Stoichkov and Dimitar Berbatov.

He also coached Iwuanyanwu Nationale, Bulgaria's national youth side, Botev Plovdiv, Septemvri, Lokomotiv Sofia.

This biographical article related to association football in Bulgaria, about a forward, is a stub.