There are many ways to go about watching this.
I also have no cable TV, but i have no problem watching EPL and
CL. You have to download programs to help you watch these matches.
Other than that, you can watch online via streaming. www.atdhe.net is a good
place to watch free soccer if you like.
Alternatively, google programs such as Sopcast, PPstream,
TVants, Usee etc then search for P2P soccer streaming. Hopefully
you would be able to whack some websites that contain links that
utilise these programs and allow you to watch for free.
Lastly, check up the websites, fan sites of your favorite EPL
club, and some of them may contain links to watch these
matches.
Last but not least, because you are liverpool fans, that is all
i can help you with. If you are arsenal fan, I would have whacked
all that I know to you.