This also happens to be the Reds’ first Wembley appearance since their losing effort against Manchester United in the final of the 1995-96 FA Cup.
This is a big occasion for Kenny Dalglish, and he will be under great pressure to deliver the goods.
In only his first full season in charge, since returning to take over the managerial reins from Roy Hodgson back in January 2011, Dalglish has lead the Reds to their first competitive tournament final since the 2007 UEFA Champions League.
Cardiff City, on the other hand, are much more familiar with the Wembley atmosphere. This is the Bluebirds’ fourth Wembley appearance in as many years.
The last time that they were here they lost to Swansea in the championship playoff final.
Anyway, the one thing that Kenny Dalglish and his boys need to keep in mind is to never underestimate the opponent’s strength.
Sure, Cardiff City players may have the big final nerves playing against a club of the stature of Liverpool. But then again, Liverpool too have many inexperienced heads in the squad, and that means something of a headache for Dalglish when selecting the lineup.
John Aldridge sums up the tricky task that Kenny has in his hands quite simply.
Needless to say, I’m in a spot of bother as well now that I'm B/R’s version of Kenny Dalglish!
Let’s take a look at the list of players who could make the starting 11 for the showpiece event on Sunday…