The 2004–05 season was Liverpool Football Club's 113th season in existence and their 43rd consecutive season in the top-flight of English football. Liverpool finished in fifth place, 37 points behind eventual winners Chelsea with a record of 17 wins, 7 draws and 14 defeats. Liverpool fared better in cup competitions. Although they were eliminated by Burnley in the third round of the FA Cup, they reached the final of the League Cup, which they lost 3–2 to Chelsea. Despite their lack of success domestically, Liverpool were successful in the UEFA Champions League. They won the competition for the fifth time, defeating Italian team AC Milan in the final.
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