Both clubs have under-achieved in the Premier League, though Liverpool won the Carling Cup, and Chelsea are set to face Bayern Munich in the Champions League Final.
Coincidentally, Chelsea and Liverpool will meet at Anfield on Tuesday in a Premier League match.
An interesting situation in the match is the status of Fernando Torres. Didier Drogba is expected to start the match, but Torres has had some notable efforts in recent weeks. When Roberto Di Matteo decides to insert Torres into the match will likely depend on not only the score, but Drogba's peformance after about an hour.
As for Liverpool, Andy Carroll should play an important role in the match, whether he starts or comes off the bench. The 23-year-old forward scored the game-winner against Everton to send the Reds to the Final.
Chelsea will be without defenders Gary Cahill and David Luiz, who are sidelined with hamstring injuries. Liverpool are without long-term absentees Charlie Adam and Lucas Leiva.
The game can be seen online at FoxSoccer2Go.
G: ReinaD: Johnson, Skrtel, Agger, Enrique M: Henderson, Shelvey, Downing, Gerrard, BellamyF: Suarez
G: CechD: Bosingwa, Ivanovic, Terry, ColeM: Mikel, Meireles, Ramires, Lampard, MataF: Drogba
PREDICTION: This could be an absolute classic. Both clubs have a lot to prove with their disappointing Premier League season. Expect veteran Frank Lampard and Ramires to dominate the midfield, but for Liverpool to get much-needed scoring from Luis Suarez, who is due for a big game. The winner will likely be the one that gets the best effort from the central midfield.
PREDICTED SCORE: Chelsea over Liverpool, 2-1