Both sides will be hungry for the platform of the Champions League next season and Redknapp has suggested it could go either way.
“The race for a top four place is wide open. Liverpool have been done a favour going out of the Europa League. Tottenham are the same,” said Redknapp.
“They only have the league to concentrate on. In terms of getting into the top four it will give them a better opportunity being out of the Europa League.”
Liverpool may feel as though they have an advantage because they qualified for the Champions League last season.
They also have extra determination having failed to produce anything close to their best form during the group stage earlier in the season.
It would be a fresh achievement for Tottenham, although they did taste the Champions League when Redknapp was in charge of the club.
They have a massive game in the League Cup final this weekend, which could give them the momentum and inspiration to push on domestically if they get the better of Chelsea.
Arsenal and Manchester United are also going to have a big say on proceedings, with the former vastly experienced in terms of qualifying via the top four while Louis van Gaal is under immense pressure at United.
It’s going to be fascinating to watch the race unfold.