During the tournament, Dynamo Kyiv won eight games out of nine, resulting in a winning percentage of 88.88% – a record that stood for 45 years encompassing all of the major European club football competitions.

With the Soviet Union national team, Lobanovskyi reached the finals of Euro 1988, losing to eventual winners the Netherlands, and won the bronze medal at the 1976 Summer Olympic Games.

[9][10][11] The following season, Lobanovskyi and his team reached the semi-finals, where they were knocked out by Bayern Munich, with star striker Andriy Shevchenko finishing third in the 1999 Ballon d'Or poll.

He was regularly invited to the national team, but due to strong opposition (at the time there were many top-level left-wingers in Soviet Union like Mikheil Meskhi, Anatoli Ilyin and Galimzyan Khusainov) was able to play only two international games, against Austria and Poland.

Despite Lobanovskyi's demands to reorganize national league to autumn-spring format, the USSR Football Federation split 1976 into two seasons (spring and autumn).

Before 1976 season, Lobanovskyi and Bazylevych were pressured by the Moscow officials to accept the Moscow-based Mark Godik as the professional fitness coach to prepare the team for European Cup, Euro qualification and 1976 Summer Olympics.

After winning all games on the road to quarterfinals, Lobanovskyi's side faced Bayern Munich, the winner of the last three European Cups, for the second time in the last two years.

After losing 1–0 in Munich, Kyiv's team scored two unanswered goals in the last 10 minutes of the second leg, moving to semifinals and ending Bayern's European dominance.

Igor Belanov was rewarded with Ballon d'Or, becoming the second Kyiv's player to receive the award, while Oleksandr Zavarov ended up 6th.

[17] Meanwhile, the Soviet team won its Euro 1988 qualifying group which consisted of East Germany and defending champions, France, as sbornaja famously defeated them 0–2 in Paris.

In semifinals, Lobanovskyi's side defeated Italy, after Hennadiy Lytovchenko and Oleh Protasov (both Dynamo Kyiv's representatives) scored two unanswered goals.

In September 1990, Lobanovskyi decided to leave Soviet Union and take up a lucrative offer of managing the United Arab Emirates national football team.

[54] During his four year tenure, the team ended up fourth at the Asian Cup (losing bronze medal to South Korea in a penalty shootout), its best finish up to that date.

During its last European campaign before Lobanovsky's return, the team failed to qualify at the group stage of Champions League and was beaten by Neuchâtel Xamax in the first round of the UEFA Cup.

Within a month after Lobanovskyi's return, the team won the 1997 edition of the CIS Cup, defeating its biggest rival, Russian champion Spartak Moscow, in the final.

[59][60] In the rematch two weeks later the Spanish team, which were coming off of an away victory against Real Madrid and were leading La Liga, lost the home game to Dynamo Kyiv 0–4, with Andriy Shevchenko scoring hat-trick in the first half.

Panathinaikos lost the home game to Arsenal while the Ukrainian team was able to earn a 3–1 victory against Lens in France, win their group and move to quarter-finals.

In the first match in Ukraine, Dynamo were leading 3–1 after fifty minutes of the playing time and missed at least two promising opportunities to score the fourth goal.

Dynamo won the domestic double for the third consecutive season and ended their Champions League campaign in the second group stage.

Together with the Dynamo generation of the late 1990s (Shevchenko, Rebrov, Husin, Vashchuk, Shovkovskyi) these players were to form, after Lobanovskyi's death, the core of the team that reached the 2006 World Cup quarter-finals – the first and only time Ukraine has ever qualified at the World Cup – managed by Oleh Blokhin who had worked under Lobanovskyi for 13 years as a Dynamo Kyiv and Soviet Union national team player.

The tombstone is adorned with a colonnade with the inscription in Russian We are alive as long as we are remembered (in original: Мы живы до тех пор, пока нас помнят).

[74] Many observers, players and managers credited Lobanovskyi's teams for being in great physical condition and being able to fulfill tactical ideas and perform certain operations almost on the level of automatism.

[99] Lobanovskyi and Zelentsov wrote in their book, The Methodological Basis of the Development of Training Models, "the first thing we have in mind is to strive for new courses of action that will not allow the opponent to adapt to our style of play.

Lobanovskyi's forwards were highly versatile, being equally capable of shifting to the flanks, organizing attacks as playmakers, joining midfield in defensive formations and even dropping back to help the full-backs during spells of opponent pressure.

The trademark Dynamo counter-attacks would start with a player dispossessing his opponent in midfield, then immediately playing a quick long ball either to the forwards or the advancing full-backs, so as to catch the opposition unorganized.

The high degree of responsiveness and fast reaction speeds were traits to marvel at of Lobanovskyi's side, as they frequently looked to increase the tempo and take advantage of teams that used these moments in the game to slow down the match.

[103] Dynamo's shape in the late 1990s was a front two of Rebrov and Shevchenko but as an offensive principle they always attacked three lanes: right, left and center.

[100] In the "stretched diamond" formation, which differs from a typical diamond in that one player operates in a much wider position than the others, Lobanovskyi was able to fully make use of the talents of versatile midfielder Vitaliy Kosovskyi, who was effectively both a left midfielder in the "standard" 4–1–3–2 and a left winger next to Shevchenko and Rebrov when attacks unfolded, practically making the formation a 4–3–3.

Lobanovskyi chose a defensive-minded deployment, with Rebrov posted on the left wing and the midfield consisting of defense-oriented players, being effectively a 4–5–1 with Shevchenko as the lone striker.

In the second half of the 1999–2000 season the team was plagued with injuries in key players Vladyslav Vashchuk, Yuriy Dmytrulin and Vitaliy Kosovskyi, and was forced to play important Champions League games against Real Madrid, Bayern Munich and Rosenborg BK with a defensive line consisting of youngsters Andriy Nesmachniy and Serhiy Fedorov and with Gerasimenko playing as a sweeper, way out of his natural position.