When it comes to the list of priorities for Jurgen Klopp and Liverpool the Carabao Cup likely props up the rest.

English football's secondary domestic cup competition has been seen for some time now by many top Premier League clubs as a distraction in the calendar that isn't always welcome, especially when teams are fighting on all fronts when it comes to the Premier League and Champions League.

Managers of Premier League sides tend to employ their fringe players and hand some key minutes to academy starlets along the way, and should they bow out in the early rounds there is little furore to emerge, with the competition not held in the same regard as the others the teams are fighting for.

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Liverpool booked their place in the last eight of the Carabao Cup on Wednesday night as goals from Takumi Minamino and Divock Origi delivered a 2-0 success against Championship side Preston North End at Deepdale.

Earlier this month the Reds picked up a 3-2 Champions League win at Atletico Madrid, a win that was worth £2.4m to the Reds for their 90 minutes work alone. The three wins so far this season in the Champions League group stage has banked Liverpool £7.2m in prize money, not including the £13.4m they got for reaching the group stage and the £8.2m they will bank for making the last 16, which they look certain to do. And we haven't even got started on the mammoth television deal that they get a slice of.

For the win over Preston, to make the last eight, Liverpool received no prize money.

Fort the Carabao Cup, prize money only kicks on from the semi-final stage, and even then it is a fraction of what can be earned elsewhere, hence why the same focus isn't placed upon it by clubs.

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The winners of the Carabao Cup pick up a cheque for £100,000. To put that into some context, a draw in the Champions League group stages is worth eight times that.

There is a TV deal in place and, according to the Daily Mail, the value for Premier League games in the competition stands at around £9m. Last year Premier League clubs agreed to a £25m rebate of the overall £80m deal after the pandemic saw them push to remove two-legged semi finals.

But what can be made from the Carabao Cup financially is, for Premier League clubs, not particularly impactful to the bottom line, although success in the competition can have its benefits elsewhere.

A deep run in the competition and good performances from fringe players can aid the value of players taking part, particularly when their minutes in the Premier League and Champions League may be limited.

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While the opposition may not be up to the same par, a strong record in the competition aids market value, as well as keeping squad players involved and more able to contribute on the bigger stages when required. It brings the focus back on the likes of Origi and Minamino while offering a path to the first team for players such as Tyler Morton and Harvey Blair, both of whom were handed starting roles against Preston.

All this helps go some way to raising the value of young players and protecting the value of senior fringe players.

The economic needs of a club like Liverpool means that they don't place the same focus on the Carabao Cup as they do on the Premier League and Champions League. That's just business. But there is some money to be made, whether it is through gate receipts or their slice of the television deal, and the ultimate aim of football is to win trophies, and winning is habit, regardless of the competition.