Last term's runaway top two in the Premier League will renew battle in the annual curtain-raiser, with the Reds part of the fixture for the first time in 13 years.
Ahead of the showdown in the capital, we have picked out 10 facts and figures you should know - courtesy of club statistician Ged Rea...
Liverpool will be appearing in the FA Community Shield (formerly known as the Charity Shield) for the 22nd time. They have won 10 outright and shared it on a further five occasions.
Only Manchester United (17) and Arsenal (14) have won it outright more times than the Reds, while a victory on Sunday would see Liverpool win it for the 16th time (outright and shared) - second only to United.