Trent Alexander-Arnold believes Liverpool is strong enough to fight for glory in both the Premier League and Champions League this season.
Jurgen Klopp's side reached the final of Europe's premier competition last term, losing 3-1 to Real Madrid in Kiev, and it is level on 23 points with leader Manchester City after nine games in England's top flight this time around.
Red Star Belgrade visits Anfield on Wednesday, with the Reds aiming to bounce back following a 1-0 defeat at Napoli last time out in Group C.
That setback came in the aftermath of back-to-back domestic meetings against Chelsea and ahead of a goalless draw with City, but England right-back Alexander-Arnold is confident Liverpool has the squad depth to cope with such demanding periods.
"I wouldn't say there's a standout one," he told a pre-match news conference when asked whether success in the Premier League or Champions League is preferable.
"We're a good enough squad to be challenging for both. We're not going to rule one out or put one to the side.
"They're both as important as each other. It's hard to pick one, so I'd say both."
Liverpool has made a marked defensive improvement in the Premier League, with its backline breached only three times so far in the current campaign.
It has conceded 13 goals in the six outings since its last Champions League clean sheet but Alexander Arnold is not overly concerned.
"We want to concede as little as possible, but we still got to a Champions League final and we've got a few points in this campaign, so we're not in the worst position possible," he added.
"We're still getting wins, and the three points are the most important thing. We know there's still a lot to give and always room for improvement.
"That's something we're all excited about. We need to strive towards getting better, putting in better performances and getting towards our full potential."
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