Jurgen Klopp's side have enjoyed an excellent start to the new season and find themselves in second position in the Premier League after 10 games.
They've also made a perfect start in Europe with three wins from three matches in Group B leaving them top of the tree.
Their last result was an impressive 3-2 victory over Atletico at the Wanda Metropolitano in Madrid, a performance that Klopp will be looking to replicate against Diego Simeone's side.
Liverpool v Atletico Madrid: Date and time
The Champions League clash is set to take place on Wednesday, November 3.
It will be played at Anfield with a kick-off time of 8pm.
A victory for Jurgen Klopp's side would all-but confirm their spot in the next round of the competition.
Liverpool v Atletico Madrid: TV channel and live stream
The contest will be broadcast live on BT Sport 2 this evening.
Coverage will begin at 7pm and will run until around 10.30pm.
BT Sport subscribers can live stream this match via the app on their computer, mobile and tablet devices.
talkSPORT.com will be bringing you a live blog for all the action.
Liverpool v Atletico Madrid: Team news
Liverpool will be without Naby Keita for the Champions League clash after suffering a hamstring injury which will rule him out.
Thiago Alcantara and Fabinho have returned to training and could feature.
However James Milner and Harvey Elliott are set to miss the contest as long-term absentees.
For Atletico Madrid they'll be without star striker Antoine Griezmann.
The forward was handed a red card in the reverse fixture and will therefore miss the clash at Anfield through suspension, meaning that Luis Suarez could start against his old club.
Elsewhere Marcos Llorente and Thomas Lemar are unlikely to feature for Diego Simeone's side.
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