Career
Iliev started his profesional career with Septemvri Sofia after coming up through their youth academy. He played a major part in the clubs promotion to the A PFG in 1998, after a 37-year exile. In 1998–99 season he made his debut in the top flight, making 23 appearances during the campaign, but Septemvri won just four games and were relegated.
He was sold to Litex Lovech in 2000 for €40,000, winning the Bulgarian Cup a year later. Iliev played only 10 games in the league for Litex. Having failed to break into the first team, he signed for Spartak Varna in early 2002.
In 2003 Iliev joined Russian side Terek Grozny. He became a regular in the Terek first team, scoring three goals in 30 appearances in the Russian First Division. However, at the end of 2003 season in Russia, he returned to Bulgaria and signed for Marek Dupnitsa. In Marek Iliev spent two and a half seasons. He made 66 league appearances and scored 4 league goals.
On 19 July 2006, Iliev signed with Slavia Sofia.
In June 2008, Iliev joined Lokomotiv Mezdra. On 24 October, he scored a hat-trick in a 4–0 league win over Lokomotiv Sofia. He spent a half-season at Lokomotiv, scoring 8 goals for 15 appearances. In December 2008, Iliev signed a three-year contract with Sliven 2000.
In June 2010, his contract with Sliven was terminated and he re-signed for Slavia Sofia. Iliev made his second Slavia debut as a substitute in a 1–0 home loss against Kaliakra Kavarna on 31 July. On 13 March 2011, he scored Slavia's only goal in their 2–1 defeat at Beroe Stara Zagora. During 2010–11 season, Iliev earned 24 appearances in the A PFG. In the first half of the following campaign he scored 2 goals in 9 matches.
On 14 December 2011, Iliev signed with Botev Vratsa. He made his debut on 3 March 2012 in a 1–0 home loss against his former club Slavia. He netted his first goal as he scored Botev's only goal in their 3–1 defeat at Chernomorets Burgas on 22 April. In August 2012, Iliev was announced as Botev's new captain.
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