The 2022–23 Red Star Belgrade season was the club's 17th in the Serbian SuperLiga and 77th consecutive season in the top flight of Yugoslav and Serbian football. The club participated in the Serbian SuperLiga, Serbian Cup, UEFA Europa League and qualifications for UEFA Champions League.

Summary

Pre-season The first signing for this season was Zambian international midfielder Kings Kangwa on a 4 year contract from Russian side Arsenal Tula.

Strahinja Eraković, who played for the club in the last two seasons and is a product of the club's youth academy, received his first international call up for Serbia for four games of 2022–23 UEFA Nations League in June.Ераковић у репрезентацији Србије! at crvenazvezdafk.com, 27-5-2022 He made his debut on 2 June coming on as a substitute in a 0–1 loss against Norway in Belgrade.Лига Нација Б | Србија Заслужила Више, Норвешка Славила После Вар Анализе at fss.rs, 2-6-2022

Two international players received call ups to play for their national teams in 2023 Africa Cup of Nations qualification games - El Fardou Ben Nabouhane for Comoros and Kings Kangwa for Zambia.

Milan Borjan received call up for Canada for the Friendly and 2022–23 CONCACAF Nations League A matches against Panama, Curaçao and Honduras.

Miloš Gordić and Petar Stanić both received call ups for the Serbia U21 squad for a 2023 UEFA European Under-21 Championship qualification games against France and Faroe Islands.U21 | Селектор Горан Стевановић Саопштио Списак Играча За Дуеле Против Француске И Фарских Острва at fss.rs, 24-5-2022

Three first squad players (Andrej Đurić, Nikola Stanković and Nemanja Motika) as well as six players who are on the loan from the club received call ups for Serbia U19 squad to play in 2022 UEFA European Under-19 Championship Elite round qualification matches against Netherlands, Ukraine and Norway.U19 | Селектор Омладинаца Александар Јовић Саопштио Имена Играча За Елит Рунду Квалификација У Холандији at fss.rs, 23-5-2022 All three first squad players later received call ups for 2022 UEFA European Under-19 Championship.

On 10 June, the club announced that they appointed club's former midfielder Marko Marin as chief of the scouting department. Marin, who played for the Red Star between 2018 and 2020, is a former German international footballer who retired from professional football this summer.Марко Марин нови шеф скаутинг службе at crvenazvezdafk.com, 10-6-2022

On 11 June, the club signed a new contract with Serbian defender Radovan Pankov. Pankov, who arrived at the club in 2019 from Radnički Niš, extended his contract with the club until summer of 2024.Панков продужио уговор до 2024. at crvenazvezdafk.com, 11-6-2022

On 13 June, the club signed a new contract with another Serbian defender Marko Gobeljić. Gobeljić, who arrived at the club in 2017 from Napredak Kruševac, extended his contract with the club until summer of 2024.Гобељић у Звезди до 2024. at crvenazvezdafk.com, 13-6-2022 On the same day club started their pre-season with medical checks on their home ground in Belgrade. Training camp will move to Zlatibor between 13 and 19 June 2022 and after that to Slovenia between 22 June and 3 July 2022.Тема дана | План припрема Звездиних првотимаца at crvenazvezdafk.com, 13-6-2022

On 17 June Serbian defender Milan Gajić left the club on a free transfer in order to join Russian powerhouse CSKA Moscow. Gajić spent last four seasons with the Red Star winning four league titles and two cups.

On 21 June, the club announced their second signing for this season - Ghanaian international winger Osman Bukari. Bukari arrived from Belgian side Gent for an estimated fee of around €2,000,000 and will be staying with the club until summer of 2026.

July Red Star started their season in Serbian SuperLiga with a 4–0 home win against Radnički Niš in which five players made their debuts for the team. Kangwa and Bukari, who both arrived in the club during this season's summer transfer window, were both starters in this game and they managed to score one goal each. In the second half Leković, Lučić and Mustapha, who were all promoted from the youth squad at the start of this season, also made their debuts after they came in as a substitutes. In a third round 2–1 win against Mladost Lučani another two arrivals made their debut for the team. Both Stefan Mitrović and Aleksandar Pešić came in as a subs in the second half with Mitrović also scoring one goal. Lastly, in fourth round 6–0 win against Radnik Nemanja Milunović made his debut just a day after arriving at the club. In total Red Star played four league games during the July, winning all four of them and finishing at the top of the league by the end of the month.

On 13 July three more players from previous season left the club. Contracts were terminated with Italian defender Cristiano Piccini who arrived at the Red Star just six months prior and with French midfielder Axel Bakayoko who was part of the team for year and a half. Additionally, Serbian midfielder Petar Stanić also left the club on a six-month loan to the Serbian side Spartak Subotica.

On 18 July the club announced a new signing, Serbian under–21 international midfielder Stefan Mitrović who arrived from the Radnički Niš for a fee reported at €500,000. He signed four-year-long contract until summer of 2026.

On 20 July Red Star brought back Serbian striker Aleksandar Pešić. He arrived from Turkish side Fatih Karagümrük for an estimated fee of €800,000 and signed three-year-long contract until summer of 2025. Previously he played for the Red Star during the 2017–18 season during which he was league top scorer and won Serbian SuperLiga Player of the season award.

On 22 July Dutch forward Richairo Živković left the club on a free transfer after one season in which he played 14 games for the club and scored one goal. He later joined Dutch side Emmen.

On 27 July Canadian international goalkeeper and club's captain Milan Borjan extended his contract until summer of 2026. He joined the club in 2017 and won five consecutive Serbian SuperLiga titles and two Serbian Cup titles since then.Борјан у Звезди до краја каријере! at crvenazvezdafk.com, 27-7-2022

On 28 July another former player returned to the Red Star - Serbian defender Nemanja Milunović rejoined the club after spending one season at Turkish side Alanyaspor. Milunović signed two-years contract with the club.

August Red Star started this season's European spell in third qualification round of the 2022–23 UEFA Champions League. Draw for this round was held on 18 July and it was determined that the club will play Armenian champions Pyunik who eliminated Luxembourgian champions F91 Dudelange in the previous round. It was the first time that Red Star played an official match against them.Звезда против бољег из двомеча Пјуник - Диделанж at crvenazvezdafk.com, 18-7-2022 Звезда против Пјуника у трећем колу at crvenazvezdafk.com, 26-7-2022 Red Star won 7–0 on aggregate.Пјуник – Црвена звезда 0:2 (0:1) at crvenazvezdafk.com, 9-9-2022 Winner of this pairing was drawn to play in a play-off round against Israeli champion Maccabi Haifa who previously eliminated Cypriot champions Apollon Limassol. This was the first time in the club's history that they played against a team from Israel.Звездин потенцијални ривал у плеј-офу - Макаби Хаифа или Аполон Лимасол at crvenazvezdafk.com, 2-9-2022 Звезда са Макабијем у плеј-офу at crvenazvezdafk.com, 9-9-2022 Maccabi Haifa managed to secure qualification to group stage after a 5–4 aggregate win and Red Star was transferred to the Europa League Group stage. This will be fourth time in club's history that they will play in the Europa League. On a draw held on 26 August club was drawn into Group H together with French side Monaco, Hungarian champions Ferencvárosi and Turkish champions Trabzonspor. This will be the first time in club's history that they will play against Monaco and Trabzonspor.Звезда у групи са Монаком, Ференцварошем и Трабзонспором at crvenazvezdafk.com, 26-8-2022

In Serbian SuperLiga Red Star played three matches, winning two and drawing in Eternal derby against their arch-rivals Partizan. Club had two more games scheduled for this month, but they were postponed due to club's European games. At the end of the month Red Star was at the top of the league, one point ahead of second placed Novi Pazar.

On 7 August club announced the transfer of a Georgian international defender Irakli Azarovi. The young full-back arrived from Georgian champions Dinamo Batumi for an estimated fee of €300,000 and signed a four-year-long contract. He became the first player from Georgia to play for Red Star.

On 11 August Russian midfielder Yegor Prutsev joined the club from Russian side Sochi. He signed a four-year-long contract.

On 12 August the club announced that it has extended the contract with Serbian international defender Strahinja Eraković until the summer of 2026. Eraković, who is a product of the club's youth academy, is a part of the club since 2020.Ераковић у Звезди до 2026. године at crvenazvezdafk.com, 12-8-2022

On 26 August, following club's elimination from Champions league Dejan Stanković, who was a head coach for three seasons, resigned from his position after winning three titles and two cups with them.Дејан Станковић поднео оставку at crvenazvezdafk.com, 26-8-2022 He was succeeded by Miloš Milojević who previously worked as an assistant manager under Stanković between 2019 and 2021 after which he was appointed as a head coach of Swedish clubs Hammarby in 2021 with whom he won Svenska Cupen and Malmö in 2022.Милош Милојевић нови тренер Црвене звезде! at crvenazvezdafk.com, 26-8-2022

On 28 August Serbian forward Milan Pavkov left the club to join the Saudi side Al-Fayha for an estimated fee of €1,000,000. Pavkov joined the club in 2017 and won four league titles and two cup titles during his tenure, playing 152 games and scoring 59 goals in the process.

On 29 August Malian international forward Kalifa Coulibaly joined the club on a free transfer, previously having played for a French side Nantes. He signed a one-year contract, with an option for the extension for another year. Coulibaly will be the first Malian player to ever play for the club. He made a debut for the club coming in as a substitute in Eternal derby against Partizan on 31 August.Реми у 168. вечитом дербију, crvenazvezdafk.com, 31 August 2022

On 30 August another forward left the club. Norwegian international Ohi Omoijuanfo moved to Danish side Brøndby for an estimated fee of €1,350,000. He arrived at the club at the start of this year and managed to score 24 caps and 12 goals, winning the double.Brøndby if Henter Ohi Omoijuanfo, brondby.com, 30 August 2022

September During the September, Red Star played three games in Serbian SuperLiga, winning two and drawing one. This extended their unbeaten spell to ten games since the start of the season. At the end of the month club was at the top of the table, one point ahead of second placed Čukarički.

Club also started their Europa League group stage. First two games were played against Monaco at home and an away game against Trabzonspor. Both of them were defeats, which brought the club to the bottom of the group table at the end of September.

Draw for the first round of Serbian Cup was held on 19 September. Red Star were drawn to play an away game against Mačva Šabac in a game that was played on 29 September.Звезда у Купу Србије са Мачвом, crvenazvezdafk.com, 19 September 2022 Red Star won 2–0 and qualified for the second round of the competition.

On 15 September, on the closing day of the transfer market, club announced the signing of a Serbian midfielder Srđan Mijailović from Čukarički. This will be Mijailović's second spell at the club. He arrived for an undisclosed fee, and signed three-year-long contract.

October