Bayern took part in the Fairs Cups for the second and final time in 1970–71, beating Rangers again before bowing out to Liverpool in the quarter-finals. They won the domestic Cup that year, and advanced to the semi-finals of the subsequent 1971–72 European Cup Winners' Cup, gaining revenge on Liverpool but this time losing out to Rangers, whose turn it was to lift the trophy. However, on the domestic front they secured the double for the first time, having finished behind Borussia Mönchengladbach for the past two years. That summer would be significant for two reasons: the West Germany team, dominated by Bayern and Mönchengladbach players, won the 1972 UEFA European Championship in Belgium. Having lost to England after extra time in the 1966 FIFA World Cup Final and to Italy in a famous semi-final in the 1970 FIFA World Cup, the dominant Euro victory demonstrated that this group of German players now had the capability to triumph on the biggest stage. Secondly, the 1972 Summer Olympic Games were held in Munich, with Bayern moving into its main arena from the much smaller Grünwalder Stadion after the events were over, giving the club a stadium to match their ambitions of dominance.