English teams had been banned from Europe following the Heysel Stadium disaster at the 1985 European Cup Final between Liverpool and Juventus. The Football League started a new tournament for sides in the top two leagues to increase revenues, particularly for sides who had lost revenue through the lack of European football. The 1987–88 Full Members' Cup saw Reading start in the first round of the competition, while Luton were given a bye to the third round following their high league position in the previous season. Reading defeated a top division side in all rounds, excluding the quarter-finals. Reading's semi-final victory against Coventry City became the latest finish to a football match in Britain at the time, finishing at 22:38. The record stood until 2002.
Route to the Final
Luton Town
Reading
Match summary
England international Mick Harford put Luton 1–0 up after fourteen minutes, although he admitted after the game that he handled the ball into the net. On twenty minutes, Michael Gilkes levelled the game for Reading. Gilkes was fouled five minutes later and Reading were awarded a penalty. Stuart Beavon dispatched it, despite Les Sealey, in the Luton goal, guessing the right direction. Mick Tait doubled Reading's lead on 55 minutes, while Neil Smillie finished the game off with the Royals' fourth.
Aftermath
Reading became the second non-top flight side in a row to win the competition, after Blackburn Rovers, but were unable to defend the trophy due to relegation to the Third Division later on in the season. The club never played a Full Members' Cup match again, before the competition was abolished at the end of the 1991–92 season. The victory remains the only major trophy that the club has won, with two semi-final appearances in the FA Cup being the next best cup results for Reading. Victory for Luton would've been their first major trophy, as well, but they only had to wait a month after the Full Members' Cup final before they defeated Arsenal in the League Cup final to do so. They subsequently finished their First Division season in ninth position. Luton didn't appear in another Full Members' Cup final; a southern semi-final appearance in the 1990–91 season being their best performance following their defeat.