The much maligned Willy Caballero saved three penalties as Manchester City won the cup in a dramatic shoot-out.
Manchester City reclaimed the Capital One Cup trophy on Sunday after defeating Liverpool 3-1 on penalties at Wembley, where goals from Fernandinho and Philippe Coutinho saw the two sides draw 1-1 after 120 minutes.
Reds goalkeeper Simon Mignolet recovered from a first-half howler to put on a dazzling display, but City's stand-in stopper Willy Caballero was the man of the moment after saving three Liverpool penalties to seal the League Cup triumph.
Injuries to Martin Skrtel and Dejan Lovren meant Lucas Leiva was deputised alongside Mamadou Sakho at centre-back for Liverpool, but an early injury to the Frenchman hurt the Merseysiders' chances of lifting the title.
Daniel Sturridge and Roberto Firmino led the Merseysiders in attack, but they failed to rattle City stopper Caballero at all in the opening 45 minutes.
The trio of Jordan Henderson, James Milner and Can helped Liverpool even take a majority of possession, but there was little penetration to speak of from Klopp's underdogs.
Liverpool boss Jurgen Klopp admitted he would be heading back to Merseyside feeling 's***' but says his players will pick themselves up quickly - with a league clash against Manchester City at Anfield coming as soon as Wednesday night.
And speaking after the match, Klopp, could not hide his disappointment, saying: 'You have to feel a defeat, you can't say it wasn't important because it was. If my press officer would allow me to say s***, I'd say s***. That's normal, but only silly idiots stay on the floor and wait for the next defeat.
'You have to strike back. At this moment we have to go the hard way, nothing is easy. If we carry on working really hard there is light at the end of the tunnel. That is really important. But tonight we feel rubbish. Or s***.'