The Reds reached the quarter-finals after a 3-1 aggregate win over Manchester United in the previous round, setting up an emotional return for manager Jurgen Klopp to the club where his reputation significantly enhanced - having twice won the Bundesliga title, the German Cup and reached the Champions League final.
Milner seems pretty focused on the game, and knows that overcoming the tournament favourites at this stage could present a huge opportunity for the Reds to lift some silverware in Basel next month.
He told the official Liverpool website: "We have to make sure we’re on our game and if we do that we’ve got every chance of going through to the next round.
"Obviously we had Manchester United in the last round, they’ll be hoping they’re a Champions League side next season as well, and that’s where we want to be ultimately.
"If you ask anyone, if you’ve got a chance to win a European trophy then the Europa League is a great competition to be in.
"At times it seems long and you’re going to a lot of different places but it’s a massive tournament to win and if we can do that this year it’d be a great achievement.
"The best teams stand in your way so for us to go to Dortmund it’ll be a massive start on the road."
The bookies may not be giving Liverpool much of a chance but that is more down to the wonderful ability of this Dortmund side, who are quite unfortunate to have a points haul of 67 points from 28 games and still be five points off the pace, and dispatched Tottenham with relative ease in the previous round of the competition.
Liverpool fans will be hoping that the knowledge that Jurgen Klopp has of his old side having worked closely with most of the squad will stand them in good stead for the tie.