Arriving to a club coached by his old Vojvodina mentor Ljupko Petrović, Mihajlović was brought in to establish a robust presence on the left side of midfield as well as to score set-piece goals. Joining the squad full of rising European stars such as Dejan Savićević, Robert Prosinečki, Vladimir Jugović, Darko Pančev in addition to already established Miodrag Belodedici, Mihajlović fit in very well right from the start. He made 14 league appearances, but his most memorable moment came in the European Cup semi-final return leg versus Bayern Munich: in a man of the match performance Mihajlović scored both Red Star goals – the free-kick opener as well as the dramatic injury time winner on a shot that deflected off Klaus Augenthaler. In the final, Red Star defeated Olympique de Marseille on penalties, after a 0–0 draw at full time, with Mihajlović being one of the shootout scorers. Over twenty years later in 2011, talking to a French football magazine about the famous win in Bari, Mihajlović said: