It has not been the season that many at Stamford Bridge had hoped for, but a piece of silverware would be hugely prized by Mauricio Pochettino as the Blues continue their long path back to the top.
Chelsea lifted their fifth and most recent Carabao Cup in 2015 and have since lost two finals on penalties after goalless draws, to Manchester City and, two years ago, to Liverpool.
No team has won this competition more often than the Reds, who are looking for a record-extending 10th triumph this afternoon.
Jurgen Klopp is hoping to seal his summer departure from Anfield with a significant trophy haul, which could yet include the Premier League title - after beating Luton 4-1 in midweek - and the FA Cup or Europa League.
Winning is a habit and, without doubt, the best way to build towards a memorable farewell will be with victory at Wembley.
Date, kick-off time and venue
Chelsea vs Liverpool will take place today on Sunday February 25, 2024.
The match is scheduled for a 3pm GMT kick-off, at the request of the Metropolitan Police having initially been slated for a 4:30pm start.
Wembley Stadium in London will host the final.
Where to watch Chelsea vs Liverpool
TV channel: The Carabao Cup final will be broadcast live in the UK on Sky Sports Main Event and Sky Sports Football, with coverage starting at 2pm.
Live stream: Subscribers will also be able to watch the match on a live stream online via the Sky Go app.
Live blog: Follow all the action from Wembley this afternoon with Standard Sport’s dedicated match blog.
Chelsea vs Liverpool team news
Chelsea XI: Petrovic, Gusto, Disasi, Colwill, Chilwell, Caicedo, Fernandez, Gallagher, Palmer, Jackson, Sterling
Subs: Sanchez, Bettinelli, Chalobah, Gee, Gilchrist, Tauriainen, Madueke, Mudryk, Nkunku
Liverpool XI: Kelleher, Bradley, Konate, Van Dijk, Robertson, Endo, Mac Allister, Gravenberch, Elliott, Diaz, Gakpo
Subs: Adrian, Gomez, Tsimikas, Quansah, Clark, O'Connell, Koumas, Danns, Nyoni
Chelsea vs Liverpool prediction
Liverpool have lost only twice in the Premier League this season and are unbeaten in the Carabao Cup and FA Cup, emphasising just how difficult the task facing Chelsea is.
Chelsea have produced strong displays in a number of big games this season, but the lack of consistency makes it difficult to trust them despite their recent resurgence.
However, injuries to the Reds could potentially swing this final in Pochettino’s favour.
Expect goals, drama and, potentially, for it to go all the way.
Chelsea to win, 3-2 after extra time.
Head to head (h2h) history and results
Five of the last seven matches between the two sides have finished level after 90 minutes, with four goalless draws.
Chelsea wins: 65
Liverpool wins: 84
Chelsea vs Liverpool latest odds
Chelsea to lift the trophy: 11/10
Liverpool to lift the trophy: 8/11
Draw after 90 mins: 13/5
Odds via Bet365 (subject to change).