Following wins over Leeds and West Ham respectively, Liverpool and Man United's opponents in the semi finals were revealed shortly after Wednesday night's matches.
Liverpool have been drawn against Southampton and Man United will take on Hull in the two-legged affairs, which will take place over two weeks from 10th and 24th of January. Most observers would say Liverpool have the tougher draw, with Southampton performing well in the Premier League and Hull struggling at the bottom of the table.
With a lot of football to be played between now and the final on February 27th, they seem to be favoured by bookmakers as well, with Liverpool the slight favourites for the competition with some bookmakers and Man United others, despite that draw. Hull are given almost no chance of beating both Man United and Liverpool to take home the trophy at 80/1, whereas Southampton are given a realistic chance of doing that should they get past Liverpool, at 6/1.
Should Liverpool get the better of Southampton and Man United beat hull, it would seem that bookmakers would favour Liverpool in a final between the pair. A lot can change between then and now but with Coutinho and Mane likely to be back from injury and international duty respectively we wouldn't disagree.