The Reds have enjoyed a brilliant run to reach the final of Europe’s elite club competition, knocking out the likes of Manchester City and AS Roma en route.
Liverpool FC will now prepare to take on the defending champions Real Madrid in the final in Kiev on 26 May as they look to win their first trophy under Jurgen Klopp.
The Merseyside outfit are likely to be the underdogs, given that Real Madrid have won the competition for the last two seasons running.
However, Gerrard, who captained Liverpool FC to Champions League glory back in 2005, is convinced that the Reds do have a great chance of winning the competition this term.
Speaking in an interview with Sport360, Gerrard said: “I think we’ve got a really good chance.
“I wouldn’t say on current form we’re going into the game as underdogs.
“But, I suppose, Jurgen Klopp and the boys will want to go in as underdogs because it takes a little bit of pressure off.”
Liverpool FC will first look to cement a top-four finish in the Premier League by beating Brighton and Hove Albion in the top flight on Sunday afternoon.
The Reds will book their place in the Champions League for next season as long as they avoid defeat against Chris Hughton’s men in front of their own fans at Anfield this weekend.
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