Liverpool take on Aston Villa in the semi-final of the FA Cup at the Wembley Stadium as they look to book a date with Arsenal in the final of the competition.
The Reds hopes of securing the Premier League title may be over, but they are still in contention of finishing this season with a piece of silverware in their bag, having managed to reach the semi-final of the FA Cup ahead of the likes of Manchester United, Manchester City and Chelsea.
They were also able to reach the semi-finals of the Capital One Cup this season, but they were unlucky to be narrowly defeated by eventual winners Chelsea.
However, this time around, the Reds have a very good chance to reaching the FA Cup final as Aston Villa are a relative weaker opponent as compared to Chelsea.
Still Rodgers despite admitting that Liverpool are the favourites or Sunday's FA Cup semi-final, insists his side will not be underestimating Villa.
"In most games, Liverpool will go into it normally as favourites because of the sheer size of the club and the talent that we have. We're happy to accept that, but Aston Villa have been playing well," the Northern Irishman told Liverpool's official website.
"They had a good result against Tottenham so that will give them confidence and they can maybe feel they can take their eye a little bit off the league, even though they'll probably have a bit of work to do in that."
"We're not being complacent in any way at all -- we know it's a tough game and we'll be ready for a tough game."
Meanwhile, Villa will also be hoping to do well against Liverpool on Sunday, having done well to reach the semi-final of the competition this season.
The Villans were able to beat the likes of Blackpool, Bournemouth, Leicester City and West Bromwich Albion in the earlier rounds of the FA Cup to book their place in the semi-final.
Liverpool are their first major opponent in the FA Cup this season, but Villa boss Tim Sherwood insists that the Reds will be under more pressure on Sunday due to the FA Cup being a "priority" for them this season.
"I think it's a bonus for us and a priority for Liverpool," Sherwood told the Guardian. "I'm not saying we're taking this game lightly because we're not; we want to get this great club to Wembley and a final."
"But I think the pressure is on them a lot more. They need to be winning trophies – Liverpool football club have demanded that for centuries now. We hope they're a bit edgy and nervy with it. We're trying to capitalise on any advantage we possibly have."
Aston Villa: Given; Bacuna, Vlaar, Clark, Richardson; Cleverley, Delph, Westwood Grealish, Sinclair, Benteke
Liverpool: Mignolet, Johnson, Can, Skrtel, Moreno, Gerrard, Lucas, Henderson, Lallana, Coutinho, Sterling
Where to Watch Live
The game is scheduled to begin at 3.00 pm BST (7.30 pm IST, 10.00 pm ET) with live coverage in India on Star Sports 1 and Star Sports HD1. Catch the FA Cup semifinal via live streaming online on Starsports.com.
Viewers in the UK can watch Aston Villa vs Liverpool live on BBC One, while the option to live stream is on BBC Player. Catch the semi live in the US on Fox Sports 1, while the game can also be live streamed on FoxSoccer2go. Audience in Canada can catch the game live on Sportsnet and Watch Sportsnet.
The FA Cup semifinal can also be watched by viewers around the world live on LFCTV