Manchester City's Belgian defender Vincent Kompany (C) holds up the League Cup during the presentation after winning the English League Cup final football match between Liverpool and Manchester City at Wembley Stadium in London on February 28, 2016. AFP / GLYN KIRK - RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. / AFP / GLYN KIRK (Photo credit should read GLYN KIRK/AFP/Getty Images)

Manchester City have beaten Liverpool 3-1 in a penalty shootout at Wembley Stadium, thanks to three saves from keeper Willy Caballero.

The match ended 1-1 after extra time, with Fernandinho opening the scoring for the Sky Blues, before Philippe Coutinho eqaulised just seven minutes from time.

Argentine Caballero then stepped up and was the unlikely hero for City. City's back up keeper saved penalties from Adam Lallana, Lucas Leiva and Coutinho.

The win is City's fourth League Cup and second in three years.

The Reds are now four years without a piece of silverware, with their last trophy the 2012 League Cup.