Career
In his career Nikolov played mostly for PFC Levski Sofia. In 1984 he was named Bulgarian Football player of the Year. He was a successful player in the Swedish top division when playing for IK Brage.
Between the seasons in Sweden (where they play spring-fall) he was on loan to Antwerpen and Vitosha Levski.
Foreign Bulgaria, Nikolov was capped 55 times.