Veljko Paunović

Following a 3–2 away victory over Preston North End on 19 February 2022, Reading announced that Paunović had left his role by mutual consent.

On 31 October 2022, Paunović was named at Liga MX club C.D. Guadalajara.

In November 2021, during Paunović's second season, the team received a six-point deduction for breaching profitability and sustainability rules across the previous three seasons. The following January, the Royals were knocked out of the FA Cup in the third round by National League North side Kidderminster Harriers.

Paunović replaced Mark Bowen as manager of Reading on 29 August 2020. On his EFL Championship debut on 12 September, the team won 2–0 at Derby County; he ended September as the division's Manager of the Month for winning all three games. They missed out on a playoff place with two games remaining, after a 2–2 draw against Swansea City at the Madejski Stadium.

Paunović also reached the semi-finals of the U.S. Open Cup in 2016 and 2018. He and the Fire parted ways on 13 November 2019.

Paunović began working as a manager with the Serbian national team, being of charge of their under-18, under-19 and under-20 sides. While with the latter, he won the 2015 FIFA World Cup.

On 24 November 2015, Paunović was appointed head coach of Chicago Fire FC in Major League Soccer. He led the team to the playoffs in 2017, which happened for the first time in five years. In the same year, he coached in the All-Star Game against Real Madrid.

Paunović began working as a manager in 2012, starting with Serbia's youth teams and later being in charge of Chicago Fire and Reading.

Paunović officially announced his retirement for the second time on 19 January 2012.

On 29 June 2009, Paunović went on trial with the New York Red Bulls, but eventually turned down the one-year contract offer. In June 2011, after nearly three years out of football, the 33-year-old signed a deal with another North American club, Philadelphia Union, after a trial stint. He scored his first goal with his new team late in the month, in a 3–2 win over Chivas USA.

On 12 July 2008, Paunović signed a two-year deal with his former club Partizan. On 13 August, he scored in a 2–2 draw with Turkey's Fenerbahçe SK in the third qualifying round of the UEFA Champions League. Before the end of the year, however, he announced his decision to retire from the game.

Paunović was signed by Russian Premier League's FC Rubin Kazan in March 2007, after falling out of favour with Getafe coach Bernd Schuster. The following year, he agreed a two and a half-year deal with UD Almería in January. His debut was a sour one, playing 20 minutes off the bench against Racing de Santander in a 1–0 away defeat, while also receiving two yellow cards in one minute (with the consequent dismissal). He would score on two occasions towards the season's end, in a 4–2 away loss to former team Getafe and in the last matchday, a 3–1 victory at RCD Espanyol.

Paunović had his best year in 2002–03 with CD Tenerife in Segunda División, netting 18 times in 38 appearances although the insular side could only rank eighth. After a return to Atlético and a brief stay in Germany with Hannover 96, he joined Getafe CF for 2005–06's top flight, enjoying his finest season in La Liga by scoring ten goals in 30 league matches to help the Madrid outskirts club to the ninth place. Due to the years spent in the country, he received a Spanish passport in 2006.

Paunović made his debut for Serbia and Montenegro in a 2–1 friendly win with Mexico, on 13 February 2002. His only other cap came two years later against Northern Ireland, another exhibition match, and he scored in the 1–1 draw in Belfast.

Born in Strumica, Socialist Republic of Macedonia, Socialist Federal Republic of Yugoslavia, Paunović made his professional debut at 17 with FK Partizan. The following summer he moved to Spain, where he would stay for most of the following decade playing for a host of clubs, starting in the 1995–96 season with modest CA Marbella and reaching the 1998–99 UEFA Cup Winners' Cup final with RCD Mallorca (with whom he scored five league goals in that campaign, to help the Balearic Islands team finish third), as well as having three separate stints with Atlético Madrid.

Veljko Paunović (Serbian Cyrillic: Вељко Пауновић, pronounced [ʋěːʎko paǔ:noʋitɕ]; born 21 August 1977) is a Serbian football manager and former player who is the current manager of Liga MX club Guadalajara.

Paunović experienced hardships while training for football, such as walking for hours to practice and sometimes going without food. His father, Blagoje, was also a footballer. A defender who inspired him, he too played for Partizan and represented Yugoslavia at UEFA Euro 1968, later embarking in a managerial career.