According to Sportal.bg, negotiations concerning Panayotov's potential transfer are ongoing. The player has already spoken with representatives from several other elite clubs but is waiting for the final decision of the Varna team's head coach, Ilian Iliev, after which he will decide where he will play next.

According to Sportal.bg, Vasil Panayotov is a free agent and continues to train individually in Varna while awaiting a new career opportunity. His contract with Cherno More has expired, and at this stage, the "green-whites" have not offered him a contract extension, despite indications of doing so.

According to Sportal.bg, Vasil Panayotov will leave the club after spending eight years at "Ticha".

Vasil Panayotov's contract with Cherno More expires in the summer. The 35-year-old Bulgarian defensive midfielder joined the club on 07/08/2018. He has 6 caps and 1 goal for Bulgaria. In the 2025/2026 efbet Liga season, Panayotov has scored 3 goals and provided 2 assists in 2 appearances. According to Transfermarkt, his current market value is €100k.