While the Reds boss is not considering the prospect of failing to qualify for Europe's elite competition this term, he insists Liverpool will not return to the wilderness years of the early part of the last decade.

After spending eight of 10 seasons in the Champions League from the 2001-02 season, they spent six campaigns from 2010-11 either in the Europa League or out of Europe completely.

Having won the tournament for a sixth time in 2019, their current run of four successive seasons is under threat after they slipped off the pace in the race for the top four.

Liverpool do, however, hold a 2-0 lead heading into their last-16 second leg tie against RB Leipzig next week.

Klopp sought to calm fears missing out this season would be the precursor to another long absence.

"This club will not be a regular out of the Champions League - this year is difficult we know that, but the potential and the power of the club is a completely different one," he said.

"I do not know the team 10 years ago but we are ready for a battle in this era, and with the team we have together.

"Seasons have momentum and we never really got it this year, that is true, but this club is in a really good position.

"In a difficult time obviously, but in a better position than other clubs I would say.

"I obviously did not think about what happened in the past but what I can say nobody has to worry about the future of the club because it is in good hands and has a really good team together."

The loss of Champions League football would mean the club take a significant financial hit on top of the ongoing effects of the pandemic.

It could also affect the composition of the squad both in the transfer window and in terms of players who may want to leave.

Klopp dismissed that prospect.

"I know we have loyalty from the players. It is not a situation where a player in the squad says, 'We are not in the Champions League so I have to leave'. That will not happen. I know them well enough to know that."

Australian Associated Press