1980-81 Yugoslav Cup
| Marshal Tito Cup | |||
| Country |
 Yugoslavia
|
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|---|---|---|---|
| Champions | Velež (1st title) | ||
| Runners-up | Željezničar | ||
| Matches played | 30 | ||
| Goals scored | 84 (2.8 per match) | ||
| Top goal scorer(s) | Vahid Halilhodžić (6) | ||
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The 1980–81 Yugoslav Cup was the 33rd season of the top football knockout competition in SFR Yugoslavia, the Yugoslav Cup (Serbo-Croatian: 'Kup Jugoslavije'), also known as the "Marshal Tito Cup" (Kup Maršala Tita), since its establishment in 1946.
The reigning 1979–80 cup holders Dinamo Zagreb failed to retain the trophy as they were knocked out in the second round by Radnički Niš. Velež from Mostar and Željezničar from Sarajevo reached the tournament final, in what would become the only cup final contested by two clubs from Bosnia and Herzegovina in the history of the competition.
In the final match, played at the Red Star Stadium in Belgrade, Velež won the cup after beating Željezničar 3–2, through a late goal by Dragan Okuka. This was their first cup win in their second appearance in the final, the first one being in 1958.
Surprise of the tournament were third level sides Bregalnica Štip and Orijent who both managed to reach the quarter-finals. Bregalnica were eventually knocked out by Velež while Orijent lost their quarter-final tie on penalties after holding the Montenegrin side Budućnost to a 0–0 draw. Budućnost themselves had an unusually good run, reaching the semi-finals and eliminating two of the Yugoslav "Big Four" clubs in the process, Hajduk Split and Red Star.
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