The Premier League clubs will meet at the Aviva Stadium on Wednesday, August 1.
Jürgen Klopp's side will also take on their other great rivals Manchester United at home first, the Anfield edition of that fixture coming on December 15, with a trip to Old Trafford following on February 23.
Manchester United will be determined to catch their neighbours - who romped home to the title last term with a 100-point tally - and Jose Mourinho and co will begin that pursuit at home to Leicester.More news: Martial wants out of Old Trafford
Although the clubs wouldn't normally break out all of the big guns for pre-season friendlies such as these, it could be a good chance to see some of the future stars that could take the Premier League by storm in years to come.
Absolutely, it is the game before the season starts.
The traditional Premier League 'Clasico' between Liverpool and United is due to be staged at Anfield on December 15, with the return taking place at Old Trafford on February 23. Games against newly-promoted trio Wolves, Cardiff and Fulham are part of a sequence which also includes Huddersfield, Newcastle and Brighton - the three teams who came up the previous season.More news: USA Sanctions Russian Entities Over Alleged Ties to Russian FSB
But despite the ease or difficulty of a team's early fixtures, the reality that all the clubs face next season is that City will once again be the side to beat.More news: US, Mexico, Canada embark on World Cup history with winning bid