Jurgen Klopp has said that the reds need to finish inside the top four and qualify for the Champions League for supporters to deem the season as a success.
Liverpool finished in 8th place last season with 60 points but raced into an early Premier League lead this season.
Form since January has not been as good - Liverpool have collected just 6 out of 21 points since the turn of the year with Champions League qualification now looking like a hill to climb.
Speaking to the BBC's Premier League show Jurgen said:
'Qualifying for the Champions League would be a big success, 100 per cent. Qualifying for the Europa League, I'm not sure I could sell it as a success, but it would be OK, and a step in the right direction.
'But it is too early to say what would be a success, because we have to learn from the last games very, very quickly.'
Klopp also admitted that injuries to the likes of Lovren and Matip had affected results.
'We had to change a lot, especially on the centre-half position. Do we concede too many goals? Yes, absolutely'
'First of all we have to make sure we are really good against Arsenal again, because if we want to stay in their reach in the table we need to bounce back. That's how it is.
'We have no alternative, we have to deliver and show a reaction.'
'I'm very, very positive about the whole thing, how much time I can get I have no idea. But I am in close talks with our ownership, and so we are all fine.
Liverpool play Arsenal at Anfield in the Saturday evening televised game - kick off is at 5:30pm.