Brendan Rodgers admits making the wrong decisions could well cost him his job as Liverpool boss.
The Northern Irishman has been heavily criticised for fielding a weakened team in the Champions League clash with Real Madrid in recent weeks, and has been slammed by a host of pundits, press and ex-players.
But Rodgers says he still has the backing of Liverpool owners John W.Henry and Tom Werner, however he also admitted that he will be the one who pays the price for poor decisions in the future.
He said: “You have to be bold enough to make the decisions as a manager and that is why you are paid the money you are paid.
“If you make more wrong ones than right ones you will be out of work, it’s as simple as that.
“It’s a big risk but for me I’m happy with the decisions I make.
“It can be a big call and people might think ‘you took a massive risk there’ but you weigh up the risk and reward.
“The reward for me was you get the opportunity to trust the team and trust the squad and hopefully that is the biggest thing that comes out of it.
“Because that is what I look to do. We didn’t quite make the result but it will bode well for us in the future.”
Rodgers added: “The owners have been brilliant.
“Tom (Werner) spoke to me and straight away they see the courage in playing a different team and younger players and how I have dealt with my situation here.
“They have always been supportive, they have been great, Tom is over and we will have a bite to eat later and talk through how everything is going.
“They have been great for me.
“The only people who matter to me are the people here at the club, the players here and supporters.”