Everton had lead the league for the majority of the season, with the fiercest challenge coming from West Ham.
Liverpool hit form in spectacular fashion by winning 8 of the last 9 games and were in poll position on the final day of the season.
The Toffees did what they had too, a 6-1 thumping of Southampton gave them a chance.
At Stamford Bridge, Liverpool only need a draw with Chelsea to take the prize, but a Kenny Dalglish volley ensured they took all three.
A Liverpool triumph in the FA Cup final gave them a double win over their rivals.