Jurgen Klopp's Reds will be eager to put the misery of losing the last year's final to Real Madrid behind and make another push to win the competition, though face extremely difficult hurdles in PSG and Napoli.
French giants PSG – who sport neverending talent in the form of Neymar, Kylian Mbappe and Edinson Cavani – will be eyeing their first Champions League win.
Goal will take a look at the rundown of the Group C fixtures ahead of the group phase start, as well as what to expect from each team and more.
Champions League 2018-19 - Group C Fixtures
Liverpool were unfortunate to be seeded in Pot 3 during the Champions League draw after finishing in fourth in the Premier League and initially placed in Pot 2.
Following some unlucky results in the Champions League that didn't favour their seed position, however, Klopp's side will have to dig deep and outline a plan that will allow them to progress to the last 16 while also maintaining strong form in the English top-flight.
The Reds have a tricky open to their European campaign, slotted in between crucial Premier League and Cup fixtures against Chelsea (twice) and Manchester City, and Klopp will likely have to decide which competition to prioritise.
PSG will be looking to bounce back from the disappointment of an early exit at the hands of Real Madrid in last year's Champions League after star forward Neymar was ruled out of club action due to injury.
Their only concern is the fitness of Uruguay striker Cavani, though will be keen to unleash the talents of Kylian Mbappe against Liverpool and Napoli.
The Italian side already met with Liverpool in pre-season, losing at the Aviva Stadium 5-0 in a friendly, but the European stage is, of course, a different one altogether – and the Serie A runners-up will not be repeating the same mistakes as they did in August.
Champions League 2018-19 - Group C Table Standings
Champions League 2018-19 - Group C Squads
Paris Saint-Germain: Gianluigi Buffon, Alphonse Areola, Garissone Innocent, Sebastien Cibois; Thiago Silva, Presnel Kimpembe, Thilo Kehrer, Marcos Marquinhos, Thomas Meunier, Dani Alves, Juan Bernat, Layvin Kurzawa, Colin Dagba, Kevin Rimane, Stanley Nsoki, Loic Mbe Soh, Moussa Sissako, Arthur Zagre, Alex Georgen; Marco Verratti, Lassana Diarra, Christopher Nkunku
Napoli: Alex Meret, David Ospina Ramirez, Orestis Karnezis; Kevin Malcuit, Mario Rui, Sebastiano Luperto, Nikola Maksimovic, Vlad Chirches, Elseid Hysaj, Kalidou Koulibaly, Faouzi Ghoulam, Raul Albiol, Allan, Fabian Ruiz Pena, Marek Hamsik, Piotr Zielinski, Marko Rog, Amadou Diawara; Jose Callejon, Simone Vedi, Adam Ounas, Dries Mertens, Lorenzo Insigne, Arkadiusz Milik
Liverpool: Alisson, Simon Mignolet; Nathaniel Clyne, Virgil van Dijk, Dejan Lovren, Alberto Moreno, Andy Robertson, Joel Matip; Fabinho, Georginio Wijnaldum, James Milner, Naby Keita, Sadio Mane, Jordan Henderson, Adam Lallana, Xherdan Shaqiri; Robert Firmino, Mohamed Salah, Daniel Sturridge, Divock Origi, Dominic Solanke
Red Star Belgrade: Zoran Popovic, Nemanja Supic, Milan Borjan; Milos Degenek, Srdan Babic, Milan Rodic, Strahinja Erakovic, Filip Stojkovic, Rashid Sumaila, Marko Gobelijic, Vujadin Savic, Aleksa Terzic; Branko Jovicic, Nenad Krsticic, Dejan Meleg, Lorenzo Ebecilio, Slavoljub, Srnic, Marko Marin, Goran Causic, Veljko Simic, Dusan Jovancic, El Fardou Ben Nabouhane, Milan Jevtovic, Stefan Cvetkovic; Milan Pavkov, Nikola Stoiljkovic, Jonathan Cafu, Dejan Joveljic, Richmond Boakye
TV Channel, Live Stream & How To Watch
In the United States (US), Champions League games will be shown on Univision Deportes and streamed online through B/R Live .
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|Univision Deportes||B/R Live|
In the United Kingdom (UK), the game can be watched live on BT Sport and streamed through the BT Sport app .
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|BT Sport||BT Sport app|