The club's record goalscorer Rush played the first of his 660 games in 1980, while iconic skipper Steven Gerrard, now back at the club as a coach, played the last of his 710 matches in 2015.
The star-studded 21-man squad features recently retired Kop heroes such as Daniel Agger and Dirk Kuyt as well those legends who hung up their boots quite a while before that, such as John Aldridge and Steve McMananan.
But at one time or another, they all graced the Anfield turf and made the Kop roar.
Here's a gallery looking back at those playing days...
Confirmed Liverpool FC Legends squad and shirt numbers
1 – Jerzy Dudek
1 – David James
3 – Bjorn Tore Kvarme
4 – Jason McAteer
5 – Daniel Agger
6 – Phil Babb
6 – John Arne Riise
7 – Steve McManaman
8 – John Aldridge
8 – Steven Gerrard
9 – Ian Rush (player-manager)
9 – Robbie Fowler (captain)
10 – Luis Garcia
10 – Michael Owen
11 – Vladimir Smicer
14 – Xabi Alonso
15 – Patrik Berger
16 – Dietmar Hamann
18 – Dirk Kuyt
21 – Gary McAllister
23 – Jamie Carragher