The Reds' final against Real Madrid last season in Paris was overshadowed by congestion problems amongst fans outside the Stade de France.
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Many Liverpool fans were stuck under an overpass leading to the stadium, and others were targeted by local youths looking to steal tickets and tear-gassed by police.
An independent report says UEFA bear the 'primary responsibility for failures' that almost led to a 'mass fatality catastrophe'.
BT Sport were criticised for their coverage of the chaos, but have now apologised for their reporting of the final's build-up.
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Speaking ahead of Liverpool's last-16 tie against Madrid, presenter Jake Humphrey said: "We are hugely regretful that we were reading out those false statements, the only statements shared on the big screens as we were inside the stadium was a completely false narrative.
"I just want to say sorry to all the people involved in this football club, the stress was added to you because of us sharing that information, which we now know to be completely false.
"The truth is that those football fans that were being accused were out there saving the lives of other football fans, including our family members and our friends."
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He also added: "If lessons aren't learned, then next time that this happens there could be even more of a tragedy than we saw on that night in Paris, so let's hope those lessons are taken on board, absolutely, but it can't be repeated often enough - Liverpool fans absolutely not to blame for what happened that evening despite the initial messaging that came from the governing body."
Jurgen Klopp's side took just four minutes to take the lead in their first leg thanks to Darwin Nunez's back-heel flick past Thibaut Courtois.
The Madrid goalkeeper then made a huge error to allow Mohamed Salah to make it 2-0 from close range.
Vinicius Jr pulled one back for Madrid moments later though with a fine strike past Alisson before Vinicius levelled as he successfully charged down a slack pass from the Reds goalkeeper.