Jordon Ibe could miss key games against Swansea and Manchester United, but may be available for the trip to Arsenal.
Ibe limped off during the Reds' Europa League defeat to Besiktas on Thursday night in Turkey, meaning he missed out on yesterday's 2-1 win over Manchester City in the Premier League, with Lazar Markovic taking his place in the side.
The Echo reports that Ibe hurt his lateral collateral ligament in his knee. It means he is likely to miss games that include Wednesday's clash with Burnley in the Premier League - as well as crucial fixtures against Swansea City and Manchester United, but could return in time for the trip to Arsenal at the start of April.
The 19-year-old has looked impressive ever since returning from his loan spell at Derby County earlier on in the season, and has been handed first team chances by Brendan Rodgers since.
He has made appearances against Aston Villa, Everton, Tottenham and in Europe against Besiktas and didn't look out of place.
Rodgers isn't exactly short of options in the right wing-back area, with Adam Lallana and Emre Can both spending time on the right flank during yesterday's victory over City, while Glen Johnson and Javier Manquillo are likely to be considered in the coming weeks depending on their fitness.
Liverpool showed they can cope without him yesterday, but Ibe has arguably looked the most assured player in the role ever since the Reds undertook this 3-4-2-1 system. It remains to be seen how the Reds will deal with his absence.