The Reds enjoyed an incredible campaign last season and were unlucky not to win the Premier League title at the end of the campaign as they finished in second place, just two points behind Manchester City. But there were several players that were must-haves from a fantasy perspective.
They have since lost their star man Luis Suarez to Barcelona and despite serious reinvestment into the squad, Brendan Rodgers' side will surely struggle to adapt to life without the Uruguayan forward, especially with Champions League football returning to Anfield this season.
A large reason behind the club's success last year was the lack of involvement in any other competition towards the end of the season, as they had no European involvement at all, and were able to focus on the Premier League alone from February onwards.
Six new arrivals have been brought in already and these will warrant some attention, but a tricky opening to the season sees Liverpool face Manchester City, Tottenham and Everton in their opening six fixtures so it may be best to be wary at first.
Here's where you should be looking from a fantasy perspective:
DEF - Jon Flanagan - The full-back is a cheap option once again this year and if he can see as much action as he did last term, he may be worth investing in. However with Liverpool set to sign Alberto Moreno, competition will only increase at right-back and left-back with Glen Johnson and Flanagan set to fight for the starting berth on the right side, and Jose Enrique already vying for a starting role on the left. It may be best to wait and see if Flanagan continues to be a regular in the Premier League for Rodgers until placing him in your side.
MID - Joe Allen - The Welsh midfielder made 24 appearances last season, scoring one goal and has been good during pre-season for the Reds. It is unlikely that he will be able to see any more starts this time around, but if Gerrard or Henderson pick up a knock, Allen should come into serious consideration. Gerrard is a very expensive option and will likely play in the deep-lying playmaker role once again, so if Allen can partner the captain, he will be able to roam further forwards.
Worth a gamble
DEF - Dejan Lovren - The Croatian is one of three players to join the club from Southampton this summer and will likely be a regular at the back as Rodgers looks to improve his defence ahead of the new season. The Reds conceded 50 goals last season, only keeping ten clean sheets and if they repeat that form, then defenders should probably be avoided. However with Lovren now a part of the backline, Liverpool could be better at the back and the 25-year-old will likely see plenty of action.
MID - Raheem Sterling - Sterling was a revelation for Liverpool last season as he scored nine goals with five assists in 33 Premier League appearances. The Englishman has said that he would like to play further forward in a Suarez role, and if so will become even more favourable. Though a significant price rise may see most managers think twice before selecting the 19-year-old. It will be a tight call between him and Lallana, though with Lallana out until September it may be best to start with Sterling.
MID - Lazar Markovic - Another new signing to consider is Lazar Markovic and the Serbian will hope to make a major impact on Merseyside this season. The 20-year-old scored five goals for Benfica last time out and if he can secure a regular starting role on either wing, he will score plenty of points. Again, it's probably best to wait a few weeks and work out how Rodgers is shuffling his side with Champions League involvement before putting Markovic into your side.
FOR - Daniel Sturridge - Sturridge enjoyed his best ever season last year and will now be responsible for scoring the goals that keep Liverpool at the top of the Premier League table. Suarez has gone and Sturridge will undoubtedly miss the service he received from the Uruguayan, though Rickie Lambert will look to supply Sturridge when he can. He scored 21 goals with seven assists last season and it's worth noting that he scored in four of his first five games at the start of the last campaign, when Suarez was still suspended. The 24-year-old thrived under Rodgers last season and will look to continue his impressive form.
Which Liverpool players will make your fantasy team?