| Liverpool | Ipswich Town | ||||
|---|---|---|---|---|---|
| GK | David James | GK | Craig Forrest | ||
| DR | Julian Dicks | DR | Gavin Johnson | ||
| DR | Rob Jones | DR | Eddie Youds | ||
| DR | Neil Ruddock | S1 | DR | Phil Whelan | |
| DR | Steve Nicol | DR | David Linighan | ||
| DR | Ronnie Whelan | DR | Steve Palmer | ||
| MD | Jamie Redknapp | MD | Mick Stockwell | ||
| MD | Steve McManaman | MD | John Wark | ||
| MD | John Barnes | MD | Geraint Williams | ||
| WR | Ian Rush | WR | Stuart Slater | ||
| S1 | FD | Robbie Fowler | FD | Chris Kiwomya | |
| Substitute | Substitute | ||||
| S1 | MD | Don Hutchison | S1 | MD | Boncho Guenchev |
| Manager | Manager | ||||
| Roy Evans | Paul Goddard | ||||