In February 2012, Dalglish led Liverpool to their first trophy in six years, with victory in the 2011–12 Football League Cup. In the same season he also led Liverpool to the 2012 FA Cup Final where they lost 2–1 to Chelsea. Despite the success in domestic cups, Liverpool finished eighth in the league, their worst showing in the league since 1994, failing to qualify for the Champions League for a third straight season. Following the end of the season, Liverpool dismissed Dalglish on 16 May 2012.