Liverpool is a top tier club on the European stage though and have experience including winning it 5 times - they are an elite European club. Last year it also showed although they had a much easier draw than in 2005.What about Liverpool and Chelsea winning it? We are better than the Chelsea side that won it. And, off the top of my head it's not easy to remember much about Liverpool's team that won it in 2005, but they finished 5th in the league and lost 14 league games (only six points above us that season, incidentally). I don't see why those teams should be considered first tier and not us this season. I'd say it's more accurate to say that both those two seasons a second tier club won it, as well as Liverpool getting to the final last year. It's a knockout competition and anything is possible. However, if we can't beat Barca's reserves then we don't deserve to win it.
I also think Poche is not a very good knock-out manager which doesn't bother me much but I do think he's improving every year and we're very close now. Point remains - much higher chance of winning the EL and the CL.