Here the PA news agency looks back on arguably the most remarkable Champions League final in the competition's history.
A nightmare start
Andrea Pirlo's free-kick was met with a volley by Paolo Maldini.
Liverpool were stunned and struggled to recover their poise, with Kewell limping off injured amid jeers to be replaced by Vladimir Smicer.
Playmaker Kaka then played a pass of exquisite perfection to leave Jamie Carragher stretching in vain as Crespo burst through to score and seemingly put the game to bed before half-time.
With little to lose, Benitez made a brave tactical switch at half-time by replacing full-back Steve Finnan with Hamann and changing to a 3-5-2 formation.
The move paid dividends almost instantly as the Reds found themselves level by the 60th minute.
Gerrard headed his side's first goal after 54 minutes, with Smicer swiftly adding a second and Xabi Alonso firing home the rebound after seeing his penalty saved by Dida after Gerrard was brought down in the box.
Dudek invokes spirit of Grobbelaar
Dudek produced two amazing late saves in extra-time before denying both Pirlo and Shevchenko in the penalty shoot-out.
In 1984, Liverpool had last won the European Cup on penalties, with Bruce Grobbelaar famously wobbling his knees.
Dudek produced a similar manoeuvre as Liverpool completed a sensational comeback.
What happened next?
The two sides met again in the 2007 final, with Milan gaining revenge with a 2-1 victory.
Benitez left Liverpool in 2010, with the Merseyside outfit eventually winning a sixth continental crown under Jurgen Klopp in 2019.