The draw for the third round of the FA Cup has been made this afternoon and The Reds have been handed a home draw against Arsenal.
Liverpool are of course the current holders of the cup, and are playing the team that won it the year before. The game is scheduled for the weekend of January 6th and 7th. Everton also got a home draw (against Blackburn) so one of the two will have to play on Sunday. It's pretty unlikely that the Liverpool match won't be selected to be televised.
Liverpool have already been beaten 3-0 in the league this season by Arsenal, but that was away from home in the Liverpool spell where they couldn't win or score away from home.
This fixture is at home – as is the Carling Cup tie between the two which is in two weeks on December 19th. By the time the season's over these two sides will know a lot about each other.
Full Draw:
Blackpool v Aldershot or Basingstoke
Barnet v Colchester
Sheff Utd v Swansea
Reading v Burnley
Portsmouth v Wigan
Mansfield or Doncaster v Bolton
West Ham v Brighton
Leicester v Fulham
Derby v Wrexham
Wolves v Oldham
Bury or Chester v Ipswich
Man Utd v Aston Villa
Sheff Wed v Man City
Tamworth v Norwich
Salisbury or Nottm For v Charlton
Cardiff v Tottenham
Preston v Sunderland
Liverpool v Arsenal
Bristol Rovers or Bournemouth v Hereford
Watford v Stockport
Crystal Palace v Swindon
Bristol City v Coventry
Peterborough v Plymouth
QPR v Luton
Southend v Barnsley
West Brom v Leeds
Hull v Middlesbrough
Birmingham v Newcastle
Torquay or Leyton Orient v Southampton
Everton v Blackburn
Chelsea v Macclesfield
Stoke v Bradford or Millwall