In the twilight of a successful playing career, Gooding was appointed joint player-manager of Reading with Jimmy Quinn when manager Mark McGhee acrimoniously left to take the reins at Leicester City.
Gooding and Quinn remained in charge at Elm Park for two seasons afterward, until they were replaced by Terry Bullivant after failing to mount any further promotion challenges.
After Reading, Gooding had a short spell at Southend United, before retiring from football.
He has since carved himself a career as a radio commentary pundit, performing such roles as co-commentator for BBC Radio Berkshire's coverage of Reading's league matches, while also working as an estate agent in Tadley.
Despite playing 700 league games in a career stretching 20 years, Gooding never played top-division football – the closest he came to reaching the top flight was with Reading when they narrowly missed out on promotion to the Premier League in 1995.