# Red Star Belgrade UEFA Conference League participation

> Live situation record from CLSTR: https://clstr.news/situations/red-star-belgrade-uefa-conference-league-participation
> Updated: 2026-10-23T21:04:43.000Z. Sources: 8. Developments: 4.

Red Star Belgrade has demonstrated significant financial strength within the UEFA Conference League, maintaining a squad value of approximately 103 million euros. This valuation ranks the club as the ninth most valuable squad in the competition. The club’s transfer revenue over the last two seasons, totaling 95,050,000 euros, has exceeded the combined earnings of Croatia’s three largest clubs. Notable recent high-value sales include Naser Djiga to Wolverhampton and In-Bom Hwan to Feyenoord.

On the pitch, the club’s campaign has faced challenges. Following an away loss to Lugano, Red Star Belgrade played to a 2-2 draw against FC Copenhagen in their second-round match. Despite leading 2-1 at halftime—following a Gastarov own goal, a Timi Maks Elšnik equalizer, and a long-range strike from Vasilije Kostov—the Serbian champions were unable to secure a home victory. Copenhagen’s Carizo leveled the score in the 70th minute, and Red Star was forced to finish the match with ten men after Guelde received a red card in the 94th minute. This result provides the club with its first point of the competition.

Individual standout performance came from 18-year-old midfielder Vasilije Kostov, whose long-range strike against Copenhagen was awarded the UEFA Conference League goal of the round. Following this performance, Kostov’s market value has reportedly risen from 10 million euros in January to 25 million euros, a 150 percent increase. Red Star is scheduled to face Inter Escaldes on November 5.

## Timeline

### 2026-10-23: Vasilije Kostov wins UEFA Conference League goal of the round

Red Star Belgrade midfielder Vasilije Kostov won the UEFA Conference League goal of the round for his strike against Copenhagen, driving his market value to 25 million euros.

2 sources. https://clstr.news/cluster/vasilije-kostov-wins-uefa-conference-league-goal-of-the-round

### 2026-10-21: Red Star Belgrade and Copenhagen draw 2-2 in Conference League

Red Star Belgrade drew 2-2 against Copenhagen in the Conference League, highlighted by a Vasilije Kostov goal and a late red card for Guelde.

4 sources. https://clstr.news/cluster/red-star-belgrade-prepares-for-conference-league-match-against-copenhagen

### 2026-09-30: Red Star Belgrade prepares for UEFA Conference League campaign

Red Star Belgrade begins its UEFA Conference League campaign with an away match against Lugano on October 15, aiming for a deep run in the tournament despite fan concerns over the competition level.

2 sources. https://clstr.news/cluster/red-star-belgrade-prepares-for-uefa-conference-league-campaign

### 2026-09-16: Red Star Belgrade shows strong financial standing in transfers and squad value

Red Star Belgrade ranks as the ninth most valuable squad in the UEFA Conference League and has outpaced the combined transfer revenues of Croatia's top three football clubs over the last two seasons.

2 sources. https://clstr.news/cluster/red-star-belgrade-shows-strong-financial-standing-in-transfers-and-squad-value

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Cite as: Red Star Belgrade UEFA Conference League participation. CLSTR, https://clstr.news/situations/red-star-belgrade-uefa-conference-league-participation