The 2014–15 season was Oxford United's fifth season in League Two after returning from the Conference, and their first under new manager Michael Appleton. They finished 13th in the table, following an 8th-place finish in League Two in 2013–14. It was the club's 121st year in existence, their 115th of competitive football and their 66th since turning professional. This article covers the period from 1 July 2014 to 30 June 2015.