It will be interesting to see how Liverpool do next season. If they finish outside the European places then they will be able to get far more rest than us and the other probable contenders (United, Chelsea +1).
If their current team stays together, Van Dyke comes back ok and Klopp can motivate them then they would arguably be favourites. It does look like some players are not happy there but no other clubs may be able to buy them (Salah, Mane).
This will be a real test for Klopp and his team. I am not sure that they have it in them to compete with us. Unless they have a very strong start like last season I think they will just be battling Arsenal and Tottenham for fourth place.