Since the days of Rafael Benitez, the Reds have not had such a long run in the main European competition.
A 2-0 win over Crystal Palace at Anfield in the final Premier League game of the season on Sunday secured a top-four spot, with the Reds ultimately finishing in third place after 26 points of the last 30 available.
Jurgen Klopp’s side are among 25 teams to have already reached the group stages of the Champions League.
So who else has joined the Reds?
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The main leagues
With Chelsea retaining fourth place despite the loss of the last day, they join Manchester City and Manchester United like the other representatives of England.
In Spain, the champions Atletico Madrid were joined by Barcelona , Real Madrid and Seville, while the winners of the French title Little and finalists Paris Saint Germain are in.
Juventus snuck into Italy’s top four on the final day, with Inter Milan,AC Milan and Atalanta also involved.
And in Germany, Bayern Munich lead a contingent of four that includes RB Leipzig,Borussia Dortmund and Wolfsburg.
Sporting Lisbon and Porto are the two representatives of Portugal to automatically qualify for the group stage.
Dynamo Kiev will represent Ukraine while Zenit St. Petersburg have progressed as Russian champions.
Used took the place in Belgium, Ajax in Holland and Besiktas in Turkey.
The Turkish side benefited from Chelsea and Manchester City’s participation in the Champions League final next weekend. A group place is awarded to the winner but, with both already qualified thanks to their Premier League ranking, the champions of the next country – in this case Besiktas – are allocated an automatic place.
With the Europa League winners also qualifying for the Champions League group stage, Villarreal could become the 26th team to qualify if they beat Manchester United in the final this week.
However, if United win, the fact that they have already qualified through the Premier League means that the place will be taken by the team that finished third in French Ligue 1, namely Monaco.
A total of six teams will advance to the group stage from the qualifying rounds.
Teams enter a particular stage based on their country’s place in the UEFA coefficients, the calculation which uses the recent history of European competition to determine the order of leagues and individual clubs.
The qualifying phase is split into two sections – one for title winners (known as the champions path) and another for untitled winners (known as the league path).
Steven Gerrard’s Rangers, for example, enter the third of four qualifying rounds in the Champions Path.
The pots of the group stage
The group stage draw will see the 32 qualifying teams split into four pots of eight.
Pot 1 comprises the winners of the Champions League, the winners of the Europa League and the champions of the top six ranked domestic leagues. The remaining three pots are determined by the UEFA coefficient of each team.
Regardless of the final 32 teams, Liverpool already know they will be in Pot 2 with five of the other seven teams being Real Madrid, Barcelona, Juventus, Paris Saint-Germain and Sevilla. This means the Reds can’t play any of those group stage games.
The remaining places will be filled by two from Manchester United, Chelsea, Borussia Dortmund and Porto.
Pot 1 has Atletico Madrid, Manchester City, Bayern Munich, Inter Milan, Lille and Sporting Lisbon. They will be joined by Manchester United or Villarreal as Europa League winners, and Chelsea if the London side win the Champions League this season.
If City win the Champions League, as they are already in Pot 1, their extra spot will be taken by the champions of the seventh-ranked country, Zenit St Petersburg of Russia.
The makeup of the rest of the pots is difficult to determine at this early stage, but Ajax, RB Leipzig and Atalanta will definitely be in Pot 3 and Wolfsburg in Pot 4.
But once the qualifying rounds begin at the end of June, interest in who Liverpool might face in the August 26 draw will increase as Klopp’s side prepare for another Champions League adventure. .