| Liverpool | Arsenal | ||||
|---|---|---|---|---|---|
| GK | David James | GK | David Seaman | ||
| DR | Rob Jones | DR | Lee Dixon | ||
| DR | Steve Harkness | DR | Nigel Winterburn | ||
| DR | Mark Wright | DR | Martin Keown | ||
| DR | John Scales | DR | Andy Linighan | ||
| MD | Jason McAteer | MD | John Jensen | ||
| MD | Michael Thomas | MD | David Platt | ||
| MD | Steve McManaman | S1 | MD | Ray Parlour | |
| FD | John Barnes | FD | Ian Wright | ||
| FD | Stan Collymore | FD | Paul Merson | ||
| FD | Robbie Fowler | S2 | FD | Glenn Helder | |
| Substitute | Substitute | ||||
| DR | S1 | DR | Scott Marshall | ||
| FD | S2 | FD | John Hartson | ||
| Manager | Manager | ||||
| Roy Evans | Bruce Rioch | ||||