Liverpool have already booked a place in the Champions League group stage and finishing the Premier League campaign last season as runners-up.
The Reds will however, have one eye on the playoff rounds as it could determine which pot they are drawn from in the group stages.
One game, in particular, will determine whether Liverpool remain in pot 3 or not.
The Yellow Canaries beating Benfica would indirectly benefit the Reds.
Should Fenerbahce eliminate Benfica in the Third Round playoff tie, Liverpool would be drawn from the second pot.
The Super Lig outfit take on Benfica in Portugal on Tuesday 7 August with the return-leg scheduled for next week.
Fenerbahce have not booked a place in the Champions League group stage for 10 years.
Pot one is already confirmed, with only Liverpool or Benfica to complete pot two.
Pots three and four are yet to confirm but Inter Milan and Hoffenheim will be in pot four as automatic qualifiers.
Pot 1: Real Madrid, Atlético Madrid, Barcelona, Bayern Munich, Manchester City, Juventus, Paris Saint-Germain, Lokomotiv Moscow
Pot 4: Valencia, Viktoria Plzeň, Celtic, Club Brugge, Galatasaray, FK Astana, Inter Milan, Hoffenheim
Should Liverpool qualify from pot 2 this is how it would look.
Pot 2: Borussia Dortmund, FC Porto, Manchester United, Shakhtar Donetsk, Napoli, Tottenham Hotspur, Roma, Liverpool
Alternatively, Liverpool could be in pot 3.
Pot 3: Liverpool, Dinamo Kiev, Schalke, Lyon, Monaco, RB Salzburg, CSKA Moscow, PSV Eindhoven