Education
While at Etar, he graduated in history from Veliko Tarnovo University.
While at Etar, he graduated in history from Veliko Tarnovo University.
Born in Bobovdol, Vasilev began his football career at Cherveno Zname of Radomir, representing the team between 1961 and 1965, before moving to Football Club Sliven in 1967 and then to Lokomotiv Gorna Oryahovitsa in 1967-1968. He also played for Marek Dupnitsa (1968-1969) and Etar Veliko Tarnovo (1969-1977), featuring in 220 matches and scoring 32 goals in the A PFG. Finishing the Cologne school for football managers, Vasilev"s first team as a manager was Levski Strazhitsa, which he managed in 1977-1979. He was then appointed to work at Etar as an assistant manager (1979-1981) and manager (until 1992, with some interruptions).
In 1984-1985 he was at the helm of Spartak Pleven and in 1985-1986 he was the assistant manager of the Bulgaria national team
He then moved to Nea Salamis Famagusta Football Club in the spring of 2003 and returned to Levski Sofia in 2003-2004 only to once again briefly manager Union Berlin in January 2006. From April 2006 to the summer of 2007, he was in charge of B PFG side Naftex Burgas.
In June 2007, Vasilev was announced as the new manager of Greek club Levadiakos. Between December 2009 to June 2010 he managed PFC Nesebar.
From March 2011 to May 2011 he led Chernomorets Burgas.
While in charge of Levski, Vasilev eliminated the Scottish Rangers F.C. from the Union of European Football Associations Champions League 1993-1994.