Panayot Mitov Panayotov (; 30 December 1930 – 5 April 1996) was a Bulgarian football forward who played for Bulgaria in the 1962 FIFA World Cup.
Panayotov began his playing career with Sportist Sofia. In 1949, after merger of Sportist and Sredets, he joined the new formed club DSO Cherveno Zname.
In early 1950, Panayotov joined CSKA Sofia, where he won eleven A Group titles and four Bulgarian Cups. During his fourteen years with CSKA, he scored 68 goals in 294 matches.