Career
He ended his career at the end of 1999–2000 season. He started his manager career with his home town club Stara Zagora. On the club level, Ganchev has played for Stara Zagora (1984–1989), Slavia Sofia (1989–1991), Bursaspor (1991–1999) and Çaykur Rizespor (1999–2000).
Foreign Bulgaria, he has been capped 3 times.
Now he is the coach of Stara Zagora after being appointed in July 2012. He was formerly employed as assistant coach of Bursaspor.