Stanislav Angelov announced his retirement from professional football after a friendly game against SS Lazio which marked the 100th anniversary of the club.
Vladimir Gadzhev and Dimitar Makriev's contracts were not renewed while players like Kevin Bru, Larsen Touré, Rafael Bastos, Cristóvão da Silva Ramos, Pavel Čmovš, Ricardo Nunes and Dustley Mulder were released on free transfers.
Ivanov also made some changes in the staff releasing the chief scouts Doncho Donev and Kiril Vangelov.
On 5 June 2014 Georgi Ivanov announced the appointment of the Spanish manager José Murcia as the head coach of the team.
The appointing of Murcia bring some more changes in the staff at Levski which included hiring methodologist David Serano for the Youth academy.
Veselin Minev also returned to the club signing a 2-year contract which wasn't accepted well from the fans and at the friendly game against Haskovo the supporters swore at the left back.
A week later the Blues secured their first win of the season beating Lokomotiv Sofia with 1-0 after a goal scored by Roman Procházka.
After the match Georgi Ivanov announced that from 1 January 2015 Dimitar Dimitrov will take charge as head coach of the club.
The following round Levski snatched a late 2-1 win against Botev Plovdiv with goals scored by Vladimir Gadzhev and Luis Pedro in the last seconds.
In the end of the game Levski Sofia fans clashed with the local police which led to a further 2-match ban of playing in front of an empty stadium with no spectators.
On 1 September Levski secured a second late win in-a-row after beating 1-0 Cherno More Varna with a penalty scored by Valeri Bojinov in 90+4.
On 27 September Levski beat Ludogorets against the odds with 3-2 making it their 3rd ever win against the UEFA Champions League participant.
The disappointment for the fans continued with a shocking 0-2 loss against Second Division side Montana for the Bulgarian Cup placing the team in an uncomfortable position before the re-match in the beginning of December.
The Blues managed to come back from a 2-goal difference in the Bulgarian Cup and won against Montana 4-0 which qualify them for the quarterfinals of the tournament.
In the winter break it was expected for Dimitar Dimitrov to take in charge the team as announced by the sports manager Georgi Ivanov.
They started with a draw against Vorskla Poltava and a 3-0 win against UEFA Europa League participators Qarabağ FK.
The team managed to lose only once to Slovak side Spartak Myjava and made 4 more draws against Lech Poznań, Milsami Orhei, Petrolul Ploiești and Karpaty Lviv.
During the training camp the club managed to sing on loan Somali winger Liban Abdi from Turkish side Rizespor.
Bojan Jorgacevic, Emil Ninu, Liban Abdi and Lukasz Gikiewicz made their official debut for the club in this match.