Liverpool will have to wait until another time for their sixth European crown.
Their dreams were shattered in Kiev last night as Real Madrid secured their fourth Champions League title in space of five years, becoming the first team to win it three times on the bounce since Bayern Munich in the 1970s.
However, Liverpool can still hold their heads high and - at times - were much the better team.
It just happens that both moments of individual error and individual brilliance came to defeat them on the night.
The Reds were unlucky to concede one of the great goals of Champions League finals, with Gareth Bale producing a stunning bicycle kick just minutes after coming off the bench.
Real Madrid 3-1 Liverpool
The other two goals, however, were the fault of Liverpool goalkeeper Loris Karius.
The 24-year-old is no stranger to mistakes with the Merseyside club but entered the final in sensational form. It wasn't to last in Kiev.
Karius inexplicably gave the ball away to Karim Benzema for Real's opening goal, before fumbling a long range strike from Bale into his own net for number three.
Keys drops controversial tweet
His performance has attracted innumerable reactions since the final whistle and one has come from former Sky Sports presenter Richard Keys.
Keys insisted that Karius shouldn't be entirely blamed for the loss, an argument that definitely has substance, but then proceeded to attack Klopp and suggest he should have bought Jordan Pickford.
Can Klopp really be blamed for showing trust in his number one? Liverpool fans certainly don't think so and are seriously unhappy with the suggestion of Pickford.
Check out the tweet:
See how fans have reacted below:
There's potential in the argument that Pickford is the better goalkeeper, but not by much and the Englishman has equally little experience at the pinnacle of European football.
Kopites don't exactly want Karius as their number one next season, yet they're not losing sleep about having potentially missed out on buying Pickford.
Keys hasn't won himself many Liverpool-based fans, that's for sure.
Liverpool and Klopp will now have to assess whether they need a new goalkeeper at Anfield.
Karius and Simon Mignolet are far from poor but a truly world-class number one could be needed on Merseyside, even after all the shows of trust from Klopp.
It would be a shame if last night spelt the end for Karius.
Whether he can recover, though, is yet to be seen.
Do you think Liverpool will replace Karius this summer? Have your say in the comments section below.