Those departing were Stuart Taylor, Kaspars Gorkšs, Wayne Bridge, Mikele Leigertwood and club captain Jobi McAnuff.

[2] Youngsters Lawson D'Ath, Nick Arnold, Gozie Ugwu, Matt Partridge and Shepherd Murombedzi were also released whilst contract talks were taking place with Michael Hector, Jake Taylor and 18 other youth players.

[6] On 2 June, Sir John Madejski announced that the club was looking for new ownership and that Anton Zingarevich, Christopher Samuelson and Andrew Obolensky had left the board of Directors.

[8] On 7 August 2014, Simon Cox resigned for Reading, 6 years after he left the club, on a two-year contract from Nottingham Forest.

[12] On 1 September 2014, transfer deadline day, Reading signed Glenn Murray on loan from Crystal Palace until 1 January, with a view to a permanent move.

Reading ran out 3–1 winners, with their goals coming from Pavel Pogrebnyak, Nick Blackman and debutante Craig Tanner.

[29] Reading won their fourth game in a row on 16 September, 3–2 at home to Millwall, with a double strike from Simon Cox and another from Nick Blackman.

[31] On 22 September, Reading announced the completion of the sale of the club to a Thai consortium, with Sir John Madejski staying on as Co-Chairman.

[45] Also during November, Slovenian defender Jure Travner joined the club on trial from Azerbaijan Premier League side FK Baku.

[58] On 10 January Reading drew 0–0 at home to Middlesbrough,[59] in a game that saw Jem Karacan make his return from a long term knee-injury, coming on as an 86th-minute substitute for Jamie Mackie.

[65] The next day Royston Drenthe left club, signing for Kayseri Erciyesspor of the Turkish Süper Lig on a permanent basis.

Young Georgian defender Lasha Dvali returned to the club in January following a year-long loan deal with Latvian Higher League side Skonto FC.

[73] Youngster Dominic Hyam left the club on a one-month youth loan deal on 4 February, joining Hemel Hempstead Town.

[76] On 14 February Reading defeated Derby County 2–1 in the fifth round of the FA Cup,[77] before losing 0–1 at home to Wigan Athletic three days later.

[81] On 7 March Reading played their FA Cup quarter final match against League One team Bradford City, drawing 0–0 at Valley Parade.

Jamie O'Hara gave Blackpool an early lead from the penalty spot, after a Zat Knight shirt pull, with a Grant Hall own goal just after half-time leveling the teams.

Alexis Sánchez gave Arsenal the lead shortly before halftime, with Garath McCleary equalising in the 54th minute to level the game and take the match to extra-time.

Sánchez scored his second of the game, and the winner, on the stroke of half-time in extra time, after his weak shot was spilled over the line by Adam Federici.

[106] On 21 May Reading released senior players Zat Knight, Jure Travner, Danny Guthrie, Ryan Edwards and Yakubu.

Whilst youth players Daniel Lincoln, Jonathan Henly, Aleksandar Gogic, and George McLennan also left the club.