Daniel Sturridge and Alberto Moreno will leave Liverpool this summer at the end of their contracts.
England striker Sturridge, 29, scored 67 goals in 160 appearances after joining from Chelsea in January 2013.
Spanish left-back Moreno played 141 times for the club, having signed from Sevilla in August 2014.
Liverpool manager Jurgen Klopp said: "The most important words to say to these two remarkable players are 'thank you'."
The Reds are keen to offer Klopp a new contract after winning the Champions League with a 2-0 victory over Tottenham in Madrid on Saturday.
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