Liverpool supporters will not celebrate a bigger win this season.

But once the dust settles on a truly dramatic few days for the Premier League champions, thoughts will turn to one overriding debate.

And it could have ramifications on the Reds as seismic as those the now aborted European Super League threatened.

How can Fenway Sports Group come back from this?

Of course, it isn't the first time they have reversed a decision that proved unpopular.

FSG did so when long-time season ticket holders walked out at the prospect of a huge hike in prices in 2016.

And they did it again last year when fans and others criticised their plan to furlough staff with finances hit due to the outbreak of the coronavirus pandemic.

This, though, is different. A lot different.

For a start, their pursuit of a closed-shop Super League subsequently put Jurgen Klopp, his coaching staff and players unfairly in the firing line, and ultimately left the squad no choice but to collectively go public with their opposition to the proposals.

Bridges will have to be rebuilt there, and it doesn't require much joining of the dots to deduce the vast majority of the remainder of club employees were similarly disgruntled.

And then, of course, there are the supporters.

They were hurt. They were angry. They were embarrassed by the club.

And they still are.

Not least due to the pitiful 47-word statement released on the club website that attempted to brush this entire grubby episode under the carpet.

Sure, key stakeholders were thanked for valuable contributions.

But there wasn't one mention - NOT A SINGLE ONE - of the fans who were anguished at the prospect of their club were making a mockery of the sport, and whose protests helped FSG belatedly see sense.

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By contrast, Arsenal and Tottenham Hotspur apologised to their supporters.

At a bare minimum, such lack of recognition of supporters makes FSG negligent. At worst, they come across as disgracefully arrogant.

FSG are supposed to be custodians of the club. So, after such a cack-handed, failed money grab, how can they be trusted ever again with handling something so precious to so many?

Even if it was with good intentions - and, as a business, it's not like they'd deliberately be trying to shoot themselves in the foot - FSG's decision to go with the breakaway league was instantly wrong to everyone with even a semblance of football knowledge.

It's a sport. You need competition. And while Liverpool fans want to win, they'd sooner do it on merit rather than be bolstered by some self-anointed importance.

In the short-term, a least one head will surely roll in the corridors of power at Anfield. Someone will be held accountable.

It won't be principal owner John Henry, nor chairman Tom Werner.

In the firing line, then, are president Mike Gordon - who is more involved in the day-to-day running of the club - and chief executive Billy Hogan.

Matters didn't take long to unravel. On Tuesday a planned virtual conference with Liverpool employees was cancelled, with Hogan having the previous day sent club staff an email detailing why FSG were backing the European Super League.

By the end of the day, it was over.

Ever since assuming ownership at Anfield, FSG have always had fierce critics.

In their defence, the owners will point to the new £110million Main Stand, the new £50m training complex, the plans for an Anfield Road End redevelopment, a thriving commercial operation.

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And they will remind everyone that under their reign, Klopp was brought to the club, a 30-year wait for the title was ended, a sixth European Cup was secured and Liverpool were named world champions for the first time.

Perhaps FSG thought there was nothing else left to win, nowhere else to go.

But even their sympathisers can find no excuse, no rhyme or reason, for their incredibly misguided decision to take the club - without any consultation with the true stakeholders, the supporters - into such a dismal venture.

Will Henry ever be seen at Anfield again? Will Werner? Will they really want to run the gauntlet the like of which they were seemingly quite happy for Klopp and his squad to face at Elland Road?

Right now, it seems wholly unlikely.

"The club is bigger than all of us," said Klopp on Monday evening. "We should not forget that."

Fenway Sports Group did. And the Liverpool fans were sure to remind them of the fact.

Regardless of what happens next, this is the beginning of the end for FSG at Anfield. It will never be the same again. It simply can't be.