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Full-Time: ATL MADRID 1-1 LIVERPOOL.
Liverpool deserved their first-half lead but Atletico are worth a point for their lively display in the second 45 minutes.
Play switches to the other end and Babel heads Daniel Agger's cross inches wide.
It's almost a winner for Atletico as Reina is forced to save a shot from Miguel that was heading into the net.
Atletico seemed to have run out of ideas but it was a very well-worked goal.
ATL MADRID 1-1 LIVERPOOL. A long ball catches Jamie Carragher out. Forlan latches on to the ball and sets up SIMAO who drills a low shot across Reina and into the corner of the net.
Liverpool seem to have weathered the storm, they seem quite comfortable in defence once more.
The home fans are starting to grow impatient as passes by their team start to go astray again.
The match has lost all its momentum again, which won't displease Liverpool at all.
... while Liverpool bring on Lucas Leiva for Alonso.
Both sides make their final change with de las Cuevas Miguel coming on for Sinama-Pongolle...
Liverpool are penned back in their own half as Atletico press for a late equaliser.
Atletico bring on Escudero Raul Garcia for Camacho.
Alonso's shot from just outside the area drifts narrowly wide as Liverpool look to kill the game off.
Liverpool put together a good passing move until Riera is eventually crowded out.
Atletico have lost their spark again as Liverpool slow the game down.
Liverpool have lost their way since the break. Maybe the wind is proving to be more of a problem than was initially thought.
Babel and Kuyt combine well but the latter takes too long to control the ball and the chance is lost.
Another surprising substitution by Benitez as Ryan Babel replaces Gerarrd.
The Reds are hanging on now. Atletico should really be level.
Reina makes a superb fingertip save, touching Simao's effort onto a post as Atletico move through the gears.
Another ' goal' is ruled out as Maniche puts the ball in the net after being set up by Aguero and Forlan. Replays show he was onside though.
Atletico have definitely improved as they win two quick corners. They come to nothing though.
There are fears that Keane has a groin injury which is bad news with the Chelsea game coming up this weekend.
Benitez makes his first change with Keane making way for the in-form Kuyt.
The home fans wake up as Forlan is flagged offside even though the Uruguayan appeared to be yards onside.
Kuyt looks set to be introduced to the fray. The Dutchman is warming up on the touchline.
Benayoun rolls the ball into the net after being set up by Gerrard and Keane but the Israeli's effort is ruled out for offside.
Maniche loses possession tamely in midfield. Liverpool break quickly but Gerrard is unable to find Keane with his cross.
With the wind in their favour, surely Atletico will improve in this half.
Atletico have brought on Aguero for the woeful Luis Garcia for the second 45 minutes.
Liverpool get the second half underway.
Half-Time: ATL MADRID 0-1 LIVERPOOL.
Atletico finally showed some signs of life just before the interval but for the rest of the half it was just too easy for Liverpool.
Another booking for diving. A ridiculous piece of play by the former Chelsea man Maniche who rightly goes into the referee's notebook.
Pedro Sabrosa Simao is upended by Alvaro Arbeloa. It's a booking for the Liverpool man.
From a rare corner, Camacho's acrobatic overhead kick is safely gathered by Pepe Reina.
Much, much better by Atletico as Forlan makes some space for himself before lashing a fierce left-footed drive narrowly off-target. That was by far their best moment of the half.
There's still no urgency from the home side who have no spark to their play whatsoever.
Riera falls over in the area under Antonio Guerrero Lopez's 'challenge' but it's a dive and the referee rightly books the former Manchester City player.
It's turning into a training ground practice match with barely a tackle of note. Even the home fans have gone quiet.
Benitez's side spray about 20 passes together with hardly any pressure from their opponents who seem curiously uninterested in winning the ball back.
Other than his antics in trying to get his former Liverpool team-mates players booked, Luis Garcia has been anonymous so far.
Luis Garcia is rolling around in agony after being caught by Alonso inside the centre circle.
Gerrard and Keane almost set up Benayoun as Liverpool continue to threaten.
Liverpool, without hitting any great heights, are completely in charge of this game, although to be fair Atletico are playing into a fierce wind in this first half.
Riera is offering some width for the visitors on the left, and with Gerrard raiding down the right, Atletico are really struggling to cope with Liverpool's attacks.
Atletico look very poor. They've created very little, if anything, of note in the opening third of the encounter.
Luis Garcia hacks Mascherano down and is fortunate to escape a booking.
It should be 2-0 as Keane, six yards out and unmarked, fails to get a touch on Gerrard's pinpoint cross.
A better move by the Spanish side before Sinama-Pongolle runs into an offside position.
It's all Liverpool as Alonso finds space for himself before lashing an effort over the bar.
Franco makes another easy stop from Albert Riera's speculative low drive.
Atletico can't get going at all with pass after pass failing to find its intended target.
Xabi Alonso tries his luck from distance but Franco makes a comfortable save.
Replays of the goal seem inconclusive with Keane possibly level with the last defender.
Liverpool deserve their lead against an Atletico side that seems very low on confidence.
ATL MADRID 0-1 LIVERPOOL. Gerrard slides a pass through to KEANE, who looks marginally offside but runs on before firing a low shot past Leo Franco.
Luis Garcia goes down in a heap after being brushed in the face by Dossena and, from the resulting free-kick Ignacio Camacho loops a header over the bar from a good position.
Lone striker Keane finds himself on the left wing and no Liverpool player can get on the end of his lofted cross.
A solid Luis Amaranto Perea tackle sets up an Atletico attack but Forlan is just unable to send Sinama-Pongolle clear.
Both sides are struggling with the windy conditions and many passes have already gone astray.
Good play by Dossena who whips in a cross from the left that Atletico struggle to cope with.
It's been a nondescript start to the match with no real flow so far.
Atletico have made a very nervous start with Liverpool winning all the early 50-50 battles in midfield.
Benayoun makes a nuisance of himself in the Atletico penalty area, but does too much and concedes a free-kick.
Liverpool immediately win possession and play the ball about calmly at the back, just to take the sting out of their hosts.
We're off with Atletico, in their famous red and white striped shirts, that get us underway.
A hamstring injury means there's no return to Madrid for Fernando Torres while Rafa Benitez has opted to leave in-form Dirk Kuyt on the bench with Robbie Keane a lone striker. Javier Mascherano, Andrea Dossena and Yossi Benayoun all start.
Aguirre starts with two former Liverpool players - Luis Garcia and Florent Sinama-Pongolle - in his starting line-up as well as ex-Manchester United forward Diego Forlan but wonder-kid Sergio Aguero is only on the bench.
Domestically, Atletico are enduring a poor time and boss Javier Aguirre's job is reportedly under threat after a 6-1 loss to Barcelona was followed by the weekend derby defeat to Real Madrid.
The match almost didn't take place at this ground though with UEFA forced to make a U-turn after earlier saying the game would have to take place elsewhere following crowd disturbances during last month's game against Marseille.
Atletico Madrid meet Liverpool in the Vicente Calderon Stadium with both sides having won their first two group games in the Champions League.
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Liverpool remain on course to reach the last 16 of the Champions League despite having to settle for a point after drawing 1-1 against Atletico Madrid in the Vicente Calderon Stadium. Rafa Benitez's side appeared to be on course to win their third successive group game thanks to Robbie Keane's early strike but Simao's late equaliser ensured both sides look set to reach the knockout stages of the competition. For long periods Atletico seemed devoid of confidence after losing 6-1 to Barcelona before slumping to a derby defeat to Real Madrid. Boss Javier Aguirre's job is reportedly under threat even though his side have already beaten Marseille and PSV in Europe, but they produced a lively second-half display in sharp contrast to their limp performance in the opening 45 minutes. After a nondescript start to the match Liverpool took the lead in the 14th minute when Steven Gerrard slid a pass through to Keane who, although looking marginally offside, ran on before firing a low shot past Leo Franco. Atletico couldn't get going at all in the first half when they played into a blustery wind with pass after pass failing to find its intended target. Franco was forced to save Albert Riera's speculative low drive while Xabi Alonso found space for himself before lashing an effort over the bar but it should have bee 2-0 in the 24th minute when Keane, six yards out and unmarked, failed to get a touch on Gerrard's pinpoint cross. Atletico created very little, if anything, of note until just before half-time when they finally seemed to wake up. Diego Forlan made some space for himself before lashing a fierce left-footed drive narrowly off-target and, on the stroke of half-time, from a rare corner, Ignacio Camacho's acrobatic overhead kick was safely gathered by Pepe Reina. Atletico improved after the interval but they were fortunate not to concede another goal in the 50th minute when Yossi Benayoun rolled the ball into the net after being set up by Gerrard and Keane only to be flagged offside. Eight minutes later another ' goal' was ruled out when Maniche slotted the ball in to the net after being set up by Sergio Aguero and Forlan even though replays showed he was onside. Almost immediately Reina was forced to make a superb fingertip save, touching Simao's effort onto a post as Atletico moved through the gears. Liverpool seemed to have weathered the storm but, with only seven minutes left, a long ball forward caught Jamie Carragher out. Forlan latched on to the ball and set up Simao who drilled a low shot across Reina and into the corner of the net. In a frantic finale both sides almost won the match with Miguel going close for Atletico and Ryan Babel heading Daniel Agger's cross narrowly wide but in the end a draw was probably a fair result.
Corners
Fouls
Goal attempts
Shots off target
Offsides
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