Liverpool lost 5-4 on penalties to Atletico Madrid in the Audi Cup final, following a 1-1 draw in Munich on Wednesday night.
Keidi Bare gave Atletico the lead in the 34th minute with a rebounded header, after Danny Ward had kept out the initial effort from Angel Correa.
Jurgen Klopp’s men equalized late on from the penalty spot through Roberto Firmino.
Durign the shoot-out, Atletico scored all five of their penalties in the shoot-out, but Jordan Henderson was the unlucky man for the Reds, seeing his kick saved by Miguel Angel Moya’s feet.
Liverpool end their pre-season programme against Athletic Bilbao at the Aviva Stadium in Dublin on Saturday, before their first Premier League game at Watford the following Saturday.
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