Both teams have done their planning, they've each had a motivational huddle, it's now down to who can hold their nerve and execute properly.

Remember the Carabao Cup shoot-out ended 11-10. We could be here a while yet.

Alan Shearer
Former England striker on BBC One

They created hardly anything in that half hour of extra time.

They were running on empty. There is definitely an argument for it to go straight to penalties rather than extra time.

Karen Carney
Former Chelsea midfielder on BBC Radio 5 Live

Both teams have gone at it, they've both been phenomenal in periods.

The one thing that has let them down is how clinical they have been in the final third. Now they're in a situation where they must be clinical in the final third.

Liverpool didn't have a shot in extra-time.

Jermaine Jenas has given his man of the match to Luis Diaz, who is watching this from the bench. He can't influence what is to come.

And what is to come is a penalty shoot-out.

Two finals between these two. Not a goal in 240 minutes.

Nicky: Both sets of players look knackered. Last thing you want is jelly legs for penalties

Trent Alexander-Arnold's deliver goes straight to Edouard Mendy. Looks like penalties.

Paul: Credit to players from both clubs… they are looking tired now, intensity seem to have dropped. Holding off for penalties

Last minute. Liverpool have a free-kick. It'll be slung in. Last chance?

Ross Barkley on for Chelsea. Thomas Tuchel clearly backs his penalty skills. Ruben Loftus-Cheek is off. He only came on at the start of this second period of extra time.

So we won't see Kepa on, as in the League Cup final. Nor Timo Werner.

John Murray
BBC commentator on BBC Radio 5 Live

There's an element now of playing for penalties.

Jermaine Jenas
Former Tottenham midfielder on BBC One

The quality has just dropped.

This is part and parcel of extra time, it brings the mistake into play because of how tired you are.

It does indeed go in and Roberto Firmino challenges but he is well marshalled by Antonio Rudiger.

Thiago Silva drops to the turf after with cramp. You have to give him a break. He is 37.

Liverpool have a free-kick, though. It is inside the Chelsea half. This will be going into the box.

We move into the final five minutes with Chelsea posing more of an attacking threat.

Jermaine Jenas
Former Tottenham midfielder on BBC One

I don't think Loftus-Cheek was offside.

Trent Alexander-Arnold just asked the question and the official pointed at somebody.

The tempo of this has dropped significantly. No surprise. It's been a long slog near the end of a hard season.

Liverpool have to do some defending as Ruben Loftus-Cheek gets in down the right. They do well to see off his chipped cross.

They are fuming once they do as they felt the Blues midfielder was offside. No flag, though.

Image source, Getty Images

Will: Struggling to think of a worse final. No quality, just running up and down the pitch making mistakes, bad decisions, and generally trying not to score.

Robertson departs and Konstantinos Tsimikas replaces him.

Ten minutes to go.