The Reds won the FA Cup and Carabao Cup double, but lost to Real Madrid in the Champions League final and finished an agonising one point behind eventual Premier League champions, Manchester City.
Manager Jurgen Klopp is now looking ahead to a fresh season, and revealed it didn't take long for him to recover from last season's disappointments.
He said: "It took me a day and then we had a parade in Liverpool and I was fine with everything.
"We knew, obviously, it was close. When you're unlucky in moments these kind of things (happen). It's sport and we accept the rules.
"One point more is enough after 38 matchdays, and one goal more is enough in a football game. We accept that too, so it didn't take me long.
"What was my conclusion of the last season? I don't think it makes too much sense to think like this.
"We played in an incredibly high level, we were consistent, we played good football - not always but very often. We fought hard. These are all things we need to do again."
One major change for the German manager will be the absence of Senegal forward Sadio Mane, who moved to Bayern Munich in the summer.
Mane spent six years at Merseyside, where he claimed the Champions League and Premier League honours. The forward also contributed with 120 goals in 269 games.
Klopp said: "Of course we have had a little change in our team. We lost Sadio, who was a fixed line-up player for six years.
"But it's always like this. We cannot try and stick together forever. We have to make changes and when Sadio came and told us that he wanted to face a new challenge, because it was early enough (in the close season) we accepted that.
"So we had time to prepare for that situation and that's what we did. And now we have to find togetherness again. That's completely normal as well."
Liverpool take on Manchester City this Saturday in the Community Shield at the King Power Stadium in Leicester.