I think the game will be a lot closer than many think. Let's look at some facts:
1) they are the 2 most successful team in Europe.
2) Liverpool have reached 2 CL finals in the last 10 years vs Madrid's 1
3) Both teams narrowly missed out on winning their domestic league last season - Liverpool (2nd) by 2 points, and Madrid (3rd) by 3 points
4) both teams scored over 100 league goals last season
5) Madrid have Ronaldo vs Liverpool have home advantage
I honestly don't think this will be as easy for Madrid as some pessimists are saying.
1. Irrelevant, how does this point even matter.
2. Irrelevant, what we achieved 10 years ago has no baring on today.
3. Irrelevant, again how does this affect the game today.
4. Irrelevant, different teams from last year, Suarez contributed to at least 50 of our goals last season, he doesn't play for us anymore, Sturridge is also injured, that leaves around 25 goals.
5. Liverpool don't have any advantage.
Do you honestly think our defence, Gerrard and Mignolet can cope with C.Ronaldo, Benzema and Isco attacking us, not to mention Modric and Khedira giving our midfield a hard time and then there's Ramos who will punish us at corners.