Despite enduring a tumultuous campaign, the defending Premier League champions are on the precipice of qualifying for the UEFA Champions League.
It would be wrong to classify UEFA Champions League qualification for Liverpool as an underdog story - despite what Arne Slot may want people to believe - especially given that they spent over £450m on transfers last summer, breaking the British transfer record twice.
Though Slot is right that Liverpool have been a "trading club", their trading is less comparable to the likes of Brighton and Brentford - who sell high and buy low - but more like Manchester City and Chelsea, who buy high and sell their scraps for low.
While Liverpool sold Luis Diaz, Darwin Nunez, Jarell Quansah, Ben Gannon-Doak, Caoimhin Kelleher and Tyler Morton for a combined £190m, they replaced them with Aleksander Isak, Florian Wirtz, Hugo Ekitike, Milos Kerkez, Jeremie Frimpong and Giovanni Leoni, with an overall net spend of around £260m.
Despite this, injury problems and poor form of key players like Mohamed Salah and Virgil van Dijk - among many others - has stifled Liverpool this season, with their title defence ending quite early in the season.
For a while now, attention for Slot's Reds turned to ensuring that they would continue to compete amongst Europe's big boys in the UEFA Champions League for next season.
Despite indifferent form of late, Liverpool hold a four point lead over sixth placed Bournemouth with just two matches left of the season.
Should the Reds defeat Aston Villa in their crucial UEFA Champions League six-pointer at Villa Park on Friday night, Liverpool would secure qualification for Europe's elite competition for next season.
If they lose or draw, the Reds will still need to beat Brentford on the final day of the season to keep their future in their own hands.