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In 2017, Yordanov took up the role of director of football at his former club Lokomotiv GO.

In the former, in another display of "team-first" attitude – and first discovering his versatile qualities – during the round-of-16 tie against Mexico (as Bulgaria prevailed in a penalty shootout) he filled in at stopper, due to the absence of Trifon Ivanov (suspension) and Nikolay Iliev (injury). During the match, he set up Hristo Stoichkov's goal in the 1–1 draw.

Upon retiring, Yordanov stayed connected with Sporting, in its youth teams. On 7 June 2010 he joined Angel Chervenkov's staff at PFC Litex Lovech, as part of the scouting departments.

A Bulgarian international for nine years, Yordanov represented the nation in two World Cups and Euro 1996.

Yordanov would also appear at UEFA Euro 1996, playing all three group stage matches (two complete) as Bulgaria finished third in their group.

Yordanov was capped 51 times and scored four goals for the Bulgaria national team, including seven FIFA World Cup games in the 1994 and 1998 editions combined.

In 1991–92, Yordanov joined Sporting CP, signing alongside compatriot Boncho Genchev – who had been his predecessor at Lokomotiv GO – where he would play in a variety of positions (including central defender, due to injuries to teammates). Persistent injury problems and the 1997 diagnosis of multiple sclerosis led to a 2001 retirement, still with the Lisbon club (he contributed with 11 matches and one goal in the team's Primeira Liga conquest the previous year).

Born in Samokov, Yordanov began his career at local PFC Rilski Sportist, where he first appeared professionally at not yet 15, moving to FC Lokomotiv Gorna Oryahovitsa in 1989. In the last of his two seasons, he topped the First Professional Football League scoring charts, at 21 goals, helping lowly Lokomotiv to a comfortable ninth place.

Ivaylo Stoimenov Yordanov (Bulgarian: Ивайло Йорданов ; born 22 April 1968) is a Bulgarian retired footballer. Known for his professional approach to the game, he played mainly as a striker.