Career
Youth career
Ivo started his training as a youth at Spartak Varna. In 2004 he join Levski"s academy. On 2 January 2008 the left-wing of Levski Sofia Ivo Mihailov was invited by his first club Spartak Varna to join in their team again.
He played on loan for Spartak Varna until the end of the 2007/2008 season.
On February 2009 Ivo was loaned for six months in Belasitsa Petrich. After the end of the 08-09 season, he returned to Levski, but he was expected to be loaned again.
Football Club Chavdar Etropole
On 30 June 2009, Mihailov was sold to Football Club Chavdar Etropole.