Chelsea are odds-on favourites for the title and have a comfy eight point cushion above their nearest rivals Arsenal and 10 more than Liverpool.
Liverpool have won just once in their last six matches in all competitions but will be aiming to put their poor form behind them tonight (8pm) in their EFL Cup semi-final second leg against Southampton.
Liverpool are still in the title race, according to Phil Thompson
Liverpool beat Chelsea 2-1 earlier in the season
But looking ahead to the crucial league fixture against Chelsea, Thompson admits Liverpool have to win all three points to reignite a late title charge.
"Of course we are. If Arsenal and Tottenham are still in it then we are," Thompson told Sky Sports.
"The Chelsea game next Tuesday is massive and that has to be won to keep us in with a shout, then they've got Arsenal so it could be blown wide open, or we could be fighting for the top four if Antonio Conte's men win both.
Fans react on Twitter as Philippe Coutinho signs new Liverpool contract
Wed, January 25, 2017
Philippe Coutinho has agreed a new contract with Liverpool keeping him at the club until 2022, but fans are not convinced he'll hang around that long
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Fans react on Twitter as Philippe Coutinho signs a new Liverpool contract
"We've got a very important month coming up with Tottenham, again at home, coming up. Arsenal also have to come to Anfield so it's only Manchester City that we have to visit from the top seven.
"Then the final eight games look favourable on paper, but that's where it comes back down to that mentality issue, which simply has to change if we're going to win the Premier League."