2011–12 Liverpool F.C. season 2011–12 Liverpool F.C. season The 2011–12 season was the 120th season in Liverpool Football Club's existence, and their 49th consecutive year in the top flight of English football. Liverpool had mixed fortunes during the season; they enjoyed success in the domestic cups, winning the League Cup for a record eighth time – also their first trophy since 2006 – and reached the FA Cup Final, where they lost to Chelsea. By virtue of winning the League Cup, Liverpool qualified for the 2012–13 UEFA Europa League. The club's league form, however, was indifferent and they finished eighth, their joint-lowest Premier League
History of Liverpool F.C. (1985–present) businessmen George Gillett and Tom Hicks bought the club, in a deal which valued it and its outstanding debts at £218.9 million. Liverpool once more came third in the league, this time 21 points behind Manchester United. They went out of both domestic cup competitions to Arsenal, but reached the 2007 UEFA Champions League Final where they again faced Milan. Unlike 2005, Liverpool were unable to recover from going behind, and lost the match 2–1. During the summer, Benítez strengthened his team by signing Fernando Torres for a club record £24 million, and midfielders Ryan Babel and Yossi Benayoun. They