The draw for the opening phase of the tournament proper is to take place in Istanbul from 5pm BST, setting up the eight groups of four teams.
Based on their UEFA coefficient, the Reds will be in Pot 2 for the draw and know they will face one of Atletico Madrid, Bayern Munich, Inter Milan, Lille, Sporting CP or Villarreal from Pot 1.
Potential opponents from Pot 3 and Pot 4 will be confirmed following the conclusion of the play-off round on Wednesday night.
At this stage, Liverpool cannot face a fellow Premier League club.
The first matchday of the group stage is set for September 14/15, with further fixtures on September 28/29, October 19/20, November 2/3, November 23/24 and December 7/8.