Čajkovski acquired his coaching licence under
Hennes Weisweiler at the German Sports Academy in Cologne. His first appointment were in Israel, Turkey and the Netherlands. His first great success was the German Championship 1962 with
1. FC Köln. In 1963 he took over the reins at
FC Bayern Munich, which he guided from the second division into the first division, two wins in the German Cup and the win in the
European Cup Winners Cup final against
Rangers FC from Glasgow in 1967. In this period he formed around the goalkeeper
Sepp Maier,
Franz Beckenbauer and, the later legendary, striker
Gerd Müller, then all in their very early twenties, one of the top teams in Europe and the whole world. Later, Čajkovski coached
Hannover 96,
1. FC Nürnberg,
Kickers Offenbach, which he took as a second division club to win the
German Cup in 1970. After
NK Dinamo Zagreb and
1. FC Nürnberg, he had another stint
1. FC Köln and also returned once more to Kickers Offenbach. In 1977 he went to Greece to replace
František Fadrhonc at the bench of
AEK Athens, where he won the double. He then went to Switzerland to coach
FC Zürich (1978–1980) and
FC Grenchen (1980), having his final assignment with
Grazer AK in 1981. After that, he coached AEK Athens (1982) and
Apollon Kalamarias (1983–84). ==Style of play==