The Reds already have six continental trophies in the cabinet from years gone by and will be competing in their 10th European Cup/Champions League final in the French capital on Saturday.
Jurgen Klopp's quadruple dreams will not materialise, but the Merseyside outfit could still end the season with a trio of trophies after scooping the FA Cup and EFL Cup earlier in the campaign.
Here, Sports Mole takes a closer look at Liverpool's past Champions League finals ahead of their trip to Paris.
1977 - LIVERPOOL 3-1 BORUSSIA MONCHENGLADBACH
Under the tutelage of the revered Bob Paisley, Liverpool's first European Cup final took place 45 years ago, and it was a highly successful affair for the Reds in the Stadio Olimpico.
Taking on German powerhouses Borussia Monchengladbach - who were also playing in their first final - Liverpool had the ball in the net after 28 minutes as Terry McDermott fired home.
Monchengladbach would equalise six minutes after the restart through Allan Simonsen's effort into the top corner, but Tommy Smith's header restored Liverpool's advantage before Phil Neal's penalty sealed the deal for the Reds.
1978 - LIVERPOOL 1-0 CLUB BRUGGE
Two years after locking horns in the final of the UEFA Cup, Liverpool and Club Brugge met in the 1977-98 European Cup final, with the Reds aiming to defend the title on home soil at Wembley.
British history was made in the capital that night, as with 64 minutes on the clock, Kenny Dalglish scored a cheeky chip over Birger Jensen from a tight angle to ensure that the continental crown would remain in Merseyside for at least another 12 months.
1981 - LIVERPOOL 1-0 REAL MADRID
The very-first meeting between Liverpool and Real Madrid would coincidentally take place in the French capital for the 1980-81 European Cup final, and forty-one years later, history will repeat itself in Paris.
The two giants locked horns at the Parc des Princes as Paisley sought to win a third European title with the Reds, as Nottingham Forest had previously prevented Liverpool from getting their hands on the crown in 1979 and 1980.
However, there was to be no denying Paisley's side in 1981, as left-back Alan Kennedy weaved his way through a sea of white shirts to score the only goal of the game and keep the trophy in English possession for a little while longer.
1984 - LIVERPOOL 1-1 ROMA (A.E.T, LIVERPOOL WIN 4-2 ON PENALTIES)
Taking on the Romans on their own soil would prove to be a true test of Liverpool's European mettle in the 1983-84 final, but the Reds stamped their authority on the game after just 13 minutes courtesy of Neal's fortuitous tap-in.
The Italian side were not going down without a fight, though, and they forced extra time courtesy of Roberto Pruzzo's looping header just before half time, and the tie would ultimately be decided on spot kicks.
Liverpool got off to the worst start possible in the shootout as Steve Nicol blazed his penalty over the bar, but Roma duo Bruno Conti and Francesco Graziani - with some help of the wobbly legs of Bruce Grobbelaar - both missed to hand the Reds a fourth European honour.
1985 - JUVENTUS 1-0 LIVERPOOL
In a game that will forever be tarnished by the sickening scenes in the stands prior to kickoff, Liverpool sought to make it five from five in the European Cup against Juventus, but their luck would ultimately run out.
Despite Gary Gillespie appearing to foul Zbigniew Boniek outside of the area, Juventus were awarded a penalty, which Michel Platini stepped up to convert to hand the Reds their first-ever defeat in a European Cup final.
It is still surprising to some that the game was given the green light to go ahead after 39 people lost their lives in the Heysel disaster, which would signal the end of English clubs' participation in Europe for the next five years.
2005 - LIVERPOOL 3-3 AC MILAN (A.E.T - LIVERPOOL WIN 3-2 ON PENALTIES)
Liverpool would have to wait another 20 years before appearing in the European Cup final - by which point it had become the Champions League - but it was an event worth waiting for.
Conceding to Paolo Maldini before a minute had passed before allowing Hernan Crespo to fire home twice seemingly signalled the end for Liverpool against the Rossoneri, but Rafael Benitez's side had other ideas.
Steven Gerrard, Vladimir Smicer and Xabi Alonso completed the famous 'Miracle of Istanbul' before Jerzy Dudek wrote himself into Merseyside folklore during the penalty shootout, with Andriy Shevchenko missing the crucial penalty to leave Milan fans shell-shocked and Liverpool fans in ecstasy.
2007 - LIVERPOOL 1-2 AC MILAN
Revenge was firmly on the minds of the Rossoneri when they met Liverpool again in the 2006-07 final at the Olympic Stadium, and there was to be no Athens miracle for the Merseyside club this time.
On the stroke of half time, Andrea Pirlo's effort took a nick off Filippo Inzaghi into the back of the Liverpool net, although in this day and age of VAR, the goal would have likely been chalked off after striking the Italian on the arm.
Nevertheless, a galvanised Milan went 2-0 up in the 82nd minute courtesy of Inzaghi's second, and Liverpool could not spark another remarkable turnaround despite restoring a sense of pride through Dirk Kuyt in the dying embers.
2018 - LIVERPOOL 1-3 REAL MADRID
Everything that could go wrong did go wrong for Liverpool in Kyiv, as after ending their 11-year absence from the top final on the continent, Real Madrid quickly spoiled the Merseyside party.
The key moment of a goalless first half was Mohamed Salah's tearful withdrawal after a Sergio Ramos challenge, and the Loris Karius nightmare soon began as he allowed Karim Benzema to steal in and open the scoring.
A pair of Gareth Bale goals would follow for Real Madrid after Sadio Mane had levelled the scores - an astonishing bicycle kick and an effort which seeped through the grasp of Karius - and Klopp's side were left to rue what could have been.
2019 - LIVERPOOL 2-0 TOTTENHAM HOTSPUR
In no mood to drown their sorrows after the 2018 final, Liverpool took out their anger on Barcelona before setting up an all-English showdown with Tottenham at the Wanda Metropolitano.
The Reds were ahead after just two minutes as Salah tucked away a penalty following Moussa Sissoko's handball, and the resident cult hero would end the Lilywhites' European dream in the final knockings.
Substitute Divock Origi smashed home into the bottom corner after 87 minutes to hand Klopp his first Liverpool trophy and help his side win the latest of their six European Cup/Champions League crowns, and the 2022 final will not be the same without the injured and soon-to-be departing Belgian attacker.