Liverpool failed to overturn their first-leg collapse against Real Madrid, with a 0-0 draw at Anfield on Wednesday ensuring its exit from the Champions League and manager Juergen Klopp had no doubt where the blame lay.
The deficit from the 3-1 defeat in Madrid could have been wiped out in the opening 20 minutes with the chances Klopp's side created.
Their first-leg performance gave them too much to do at Anfield and its poor finishing wrecked any chance of a turnaround.
"You always need the key moments. We didn't lose the tie tonight, we lost in Madrid. It was uncomfortable for Madrid. We were good, aggressive, had chances," he said.
"We didn't score and then the experience of Real Madrid played the tie (out)," he said.
Mohamed Salah missed early chances and the attacking trident he forms with Roberto Firmino and Sadio Mane looked nothing like the deadly forward line of the past two seasons.
"We know how often Mo Salah finishes these things with closed eyes," said Klopp, "Not here. Tonight it was absolutely OK, but we are out."
Midfielder James Milner felt the team had approached the game in the right spirit but agreed its finishing had let them down.
"The performance, intensity and desire was good. But you can't not take the chances we had and that was the difference," he said.
"We were obviously the better team. We did enough to win the game.
"We wanted to come out of the blocks and set that tempo. If we had played that first leg with the same intensity it would have been very different. Ultimately we weren't good enough over two games," he said.
It has been a season of under achievement for Liverpool, sixth in the Premier League, and it could get worse if it fails to qualify for next season's Champions League, an outcome which would have financial repercussions.
"We love this competition and for other reasons it is very important we are back in it. We can now concentrate on the Premier League and we will," said Klopp.
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