Mikel Arteta, who has been second fiddle to his former mentor Pep Guardiola in recent seasons, will be looking to add to the FA Cup he lifted five years ago while Arne Slot, who has been impressive since taking over from Jurgen Klopp, will be looking to bring home his first trophy at Anfield.
Let us face it, Mikel Arteta has a great chance to secure another trophy having been without one in five years since lifting the FA Cup.
The Gunners have not won the League Cup since the 1992/93 season meaning Arteta could get one over the likes of Arsene Wenger and Unai Emery who have never lifted the trophy.
For the remaining "big clubs" it will be another trophy but for those outside of the running of a top six finish in the Premier League, it is an opportunity to secure a spot in Europe with a place in the Europa Conference League for next season.
They have leapfrogged Liverpool to secure the first trophy available this season but they both need to get through the quarter-finals and semi-finals to have a chance to get a hand on the trophy.