The 2014–15 season was Real Madrid Club de Fútbol's 111th season in existence and the club's 84th consecutive season in the top flight of Spanish football. It covered a period from 1 July 2014 to 30 June 2015. This was also legendary goalkeeper Iker Casillas's 16th and last season at Real Madrid and in La Liga.
Madrid was in contention for both the La Liga title and the UEFA Champions League until the very end but ultimately came up short, finishing two points behind treble-winning Barcelona in the league and losing to Juventus 2–3 on aggregate in the Champions League semi-finals. Overall, despite playing an attractive attacking football and being the highest scoring team in Europe, several heartbreaking defeats meant that Real finished the season with two trophies out of six possible, which contributed to the dismissal of Carlo Ancelotti.