[3] May 2015: On 11 May 2015, one day after a questionable 1–0 loss to Apollon Limassol and following a run of disappointing performances, Thorsten Fink was sacked by APOEL, although at that moment the team were two points clear at the top of the league with only two matches remaining.

With the game being in the fifth minute of the stoppage time and set for penalties, Giannis Taralidis with a direct free kick struck the ball beyond the reach of Tassos Kissas for an epic finish, handing Ermis victory in their first ever Super Cup appearance.

On 13 September 2014, four days before the historical UEFA Champions League match against Barcelona at Camp Nou, APOEL struggled to pick up a 1–0 win at home over Ermis Aradippou.

On 10 November 2014, APOEL were held to a goalless draw by Doxa Katokopias at GSP Stadium and their gap ahead of second placed Apollon Limassol was reduced to 2 points.

On 30 November 2014, APOEL beat arch-rivals Omonia 1–0 at GSP Stadium, with ex-Omonia midfielder Giorgos Efrem scoring the vital winner in the 38th minute after an amazing backheel pass by Gustavo Manduca.

On 15 December 2014, APOEL drew 4–4 with AEK Larnaca in a fascinating match at GSP Stadium and maintained their lead in the standings, but the gap over second-placed Apollon was reduced to three points.

On 11 January 2015, under new coach Thorsten Fink, APOEL extended their winless run to five games after a 1–1 home draw with Othellos and remained in the second place, three points behind leaders Apollon.

APOEL went ahead on the half hour mark with Nuno Morais who finished off Constantinos Charalambides deep free-kick inside the box, but Omonia equalized eight minutes from time when Gaossou Fofana blasted the ball past Urko Pardo after a poor defensive clearance.

APOEL produced one of their best performances since Thorsten Fink took over in January 2015, and got the three points thanks to a fortuitous John Arne Riise cross that was deflected over the visitors keeper Thomas Kaminski, just after the half hour mark.

On 4 April 2015, APOEL suffered their first defeat under German coach Thorsten Fink after going down 1–0 to AEK Larnaca at GSZ Stadium and remained one point behind Apollon, who also lost 3–1 at home to Anorthosis.

APOEL had taken a first-half lead against ten-men Omonia, who saw Ucha Lobjanidze receive a double-booking in quick succession for a foul and then dissent, through Tomás De Vincenti's penalty in the 37th minute.

Gustavo Manduca made his debut in the dugout for APOEL since taking over as caretaker manager after the dismissal of Thorsten Fink and got his first taste of pressure on the bench when Serbian midfielder Vladimir Boljević scored from the penalty spot to give AEK Larnaca the lead after just 12 minutes.

On 14 January 2015, in (new coach) Thorsten Fink's debut, APOEL secured a narrow 1–0 advantage over Olympiakos at Makario Stadium thanks to a Rafik Djebbour goal from the penalty spot in the 73rd minute.

In the first leg of their Cypriot Cup quarter-finals clash on 4 March 2015, Anorthosis and APOEL produced an enthralling 0–0 draw at Antonis Papadopoulos Stadium, with both teams missing some great chances to win the game.

Despite this Thorsten Fink decided to rest many first-team players in the second leg, APOEL went through to the semi-finals of the Cypriot Cup after an easy 2–0 win over Anorthosis at GSP Stadium.

[10][11] APOEL fell behind to an early Maic Sema goal, but Tomás De Vincenti drew the sides level after 31 minutes, beating goalkeeper Karim Fegrouche with a clever 35-meter lob direct from a free-kick.

Giorgos Efrem put APOEL in front just before half-time, poking the ball in from close range, and the Cyprus international was on target again immediately after the interval, curling into the empty net after Karim Fegrouche came rushing off his line.

[14] A 16th-minute strike from Nicolaj Thomsen gave Aalborg a well-merited lead, but Brazilian midfielder Vinícius handed APOEL a 54th-minute equaliser, as well as an away goal which could prove decisive early into the second half.

Mário Sérgio's out-swinging corner was met by Tomás De Vincenti who crept in unmarked to hit home from the edge of the six-yard box into the roof of the net, giving APOEL a two-goal cushion one minute before the break.

The crowning fourth goal was similarly direct, Cillian Sheridan beating Rasmus Thelander to Urko Pardo's long kick forward and cutting on to his left foot to outgun Nicolai Larsen from the edge of the box, ensuring APOEL go into group stage draw full of confidence.

[17] On 17 September 2014, APOEL opened their Champions League campaign with a 1–0 defeat against Barcelona at Camp Nou,[18] but left the Catalan capital with all the plaudits following a stellar display which so nearly earned a historic result.

Lionel Messi came close to scoring when he stung APOEL goalkeeper Urko Pardo's fingers with a rasping strike from Neymar's layoff five minutes before the break and was denied by a superb last-ditch block by Mário Sérgio at the death.

In a frantic finish to an otherwise dull affair, APOEL had their best opening of the match moments later and Barca goalkeeper Marc-André ter Stegen had to be alert to palm away Gustavo Manduca's powerful effort and preserve Barça's 1–0 lead.

[19] Ajax opened the scoring in the 28th minute when Danish forward Lucas Andersen slotted home the rebound after APOEL goalkeeper Urko Pardo had parried a close-range effort from Lasse Schöne.

Brazilian forward Gustavo Manduca leveled from the penalty spot three minutes later, after Ajax defender Ricardo van Rhijn was judged to have handled inside the box when Efstathios Aloneftis tried to lift the ball over him.

On 21 October 2014, despite another excellent display against one of the continent's strongest sides, APOEL were left bitterly disappointed as they went down to a 0–1 home defeat at the hands of Paris Saint-Germain following a late Edinson Cavani goal, just three minutes before the end.

[20] APOEL more than held their own against the riches of talent that their opponents possessed and had the clearer chances of the two sides to win the match but Cavani's clever finish on 87 minutes inflicted a cruel defeat on the Cypriots, making qualification to the next round of the Champions League highly unlikely.

On 25 November 2014, Barcelona proved too much for APOEL as the Catalan giants cruised to a 4–0 win in a night that belonged to Lionel Messi as his hat-trick in Nicosia made him the UEFA Champions League's all-time top scorer on 74 goals.

Despite the result, Ajax's 3–1 defeat against Paris Saint-Germain maintained APOEL one point behind the Dutch champions, giving them the chance to win their final group game in Amsterdam Arena and qualify for the knockout phase of the UEFA Europa League.

[23] Ajax failed to find a way through the well-drilled APOEL rearguard until the very last kick of the first half, when Lasse Schöne converted a penalty after Arkadiusz Milik was tripped in the box by Marios Antoniades.