Meaning of "darle la vuelta a la tortilla"

[ridikroshan]

Hi everyone,
I came across the phrase "darle la vuelta a la tortilla" in a Spanish article.
 Here's the full sentence:
 "Cuando parecía que todo iba mal, supo darle la vuelta a la tortilla."
Context: The article was about a football team that was losing but then won the match.
 The text is from Spain.
My question:
 Does this phrase mean "to turn the situation around," or is there a more natural equivalent in English?
Thanks in advance!