Jamie Vardy sees penalty saved as Liverpool avenge cup defeat by beating Leicester in thriller

That is all we have time for today, thanks for following along. IBTimes UK will be back on Monday night to bring you live coverage of Arsenal's clash with West Brom at the Emirates Stadium.

Until then, it's goodbye.

Leicester will rue Vardy's penalty miss as they sit 16th, outside the relegation zone on goal difference only. The Foxes pay a visit to fellow strugglers Bournemouth next Saturday.

A thrilling but nervy victory for Liverpool ends a four-match winless run across all competitions and halts their wretched recent run of form at the King Power Stadium.

Klopp's side rise to fifth in the table and face a long Champions League trip to Spartak Moscow next before going to Newcastle on Sunday.

Full-time

Leicester 2-3 Liverpool

After a period of deliberation from the referee, Oxlade-Chamberlain is penalised for a high boot on Iheanacho.

Gomez clears the free-kick and the final whistle blows as Schmeichel, up for the last-ditch set-piece, tries to put the ball back into the penalty area.

Liverpool survive.

Slimani wins the flick-on but Milner is there to hook the ball into touch. Simpson's disappointing cross is blocked by Henderson.

Vardy goes in late on Moreno and picks up a booking.

Five minutes of added time for Leicester to rescue a point.

The ball falls nicely for Gray after a long throw-in from Chilwell, but he is prevented from shooting under pressure from Salah as Maguire is whistled for climbing on Henderson.

James Milner, who came on for Can a little bit earlier, sustains a knock during a coming together with Maguire.

Oxlade-Chamberlain tees up Wijnaldum for a shot that is driven wide.

Ndidi sees a shot blocked and Slimani heads wide from a pinpoint Vardy cross. It would not have counted anyway as Morgan is penalised for a push on Matip at the front post.

Sturridge lets fly with another effort that is pushed away by Schmeichel. Less than 10 minutes remain of this breathless Saturday evening encounter in the East Midlands.

Oxlade-Chamberlain replaces Coutinho and Albrighton makes way for Slimani.

Sturridge skips past Maguire and curls a shot narrowly wide. Oxlade-Chamberlain is about to come on for Liverpool.

Leicester denied a second penalty in quick succession as Can blocks Gray's right-wing cross with his arm. That looked nailed on.

With just over 15 minutes left to find an equaliser, Leicester send on Kelechi Iheanacho. As usual, Okazaki does not last the 90 minutes.

Saved!

Mignolet brings down Vardy but makes up for that mistake by repelling his powerful effort from 12 yards.

What a game this has turned into.

Penalty to Leicester

As you were at the King Power after two goals in the space of 90 seconds.

Henderson finishes a three-on-two at one end after Maguire is caught in possession upfield before Vardy heads in from close range after Gray's effort is parried by Mignolet.

Goal: Leicester 2-3 Liverpool (Jamie Vardy)

Goal: Leicester 1-3 Liverpool (Jordan Henderson)

Sturridge plays a lovely cross-field ball to Can, who comes forward and is eventually stopped by Simpson.

Chilwell and King both blocks attempts from Salah.

Sturridge for Firmino is Klopp's first change of the match.

Firmino launches a shot into the ether and Gray jogs on in place of Mahrez, who has been rather quiet this evening.

The winger, pursued strongly by both Tottenham and Bournemouth over the summer, has just under half an hour to make an impact.

Can sneaks in at the back post and heads Henderson's deep cross well over the bar.

Gray is preparing to enter the fray for Leicester.

Albrighton matches Can's lung-busting run and concedes the corner as the latter tries to provide an overlap for Salah.

Coutinho's first delivery is returned behind by Maguire and the second is met by the head of Lovren, who claims that his shirt was being pulled by Ndidi. His vocal protests result in a yellow card for dissent.

Can gives the ball away cheaply and Vardy is caught offside as he chases down a through pass towards the byline.

A hefty aerial clash between Chilwell and Gomez leaves the former in a heap and in need of treatment.

Almost another real chance for Coutinho after the break, but Schmeichel gathers his latest attempt.

The second period is now underway. No changes from Craig Shakespeare or Jurgen Klopp as of yet.

Replays at half-time show that it was Maguire, and not Okazaki, that was flagged offside on that disallowed goal.

That was the correct decision, although there is surely no doubt that the Japanese forward should later have been whistled for a foul on Mignolet.

Half-time

Leicester 1-2 Liverpool

An entertaining first half ends on a controversial note. Okazaki, who was clearly impeding Mignolet moments before, pokes home from less than a yard out after the goalkeeper flaps at a corner and the ball is turned goalwards by Maguire.

Hope for Leicester and another set-piece goal conceded by Liverpool.

Goal: Leicester 1-2 Liverpool (Shinji Okazaki)

Mignolet takes another impressive catch and Matip is cautioned for blocking off the run of Vardy.

Two minutes of added time have been signalled by the fourth official.

This has been a strong end to the first half for Leicester, but Firmino almost puts the game out of reach with a low shot that skids narrowly past the far post.

Okazaki was offside when the free-kick was taken, but Henderson looked to be playing him on when Maguire won the header. Should that goal have stood?

Okazaki pounces on Maguire's flick-on from a free-kick and thrashes a powerful shot past Mignolet. His joy is short-lived as the referee's assistant raises the offside flag.

The referee plays a good advantage and Chilwell's cross is well held by Mignolet.

Mahrez tries to float a ball into the back post but gets too much on it and the goalkeeper can collect once more.

Morgan concedes the corner and Moreno's centre is headed straight at Schmeichel by Georginio Wijnaldum.

Maguire gets past Firmino but is almost made to pay for his casual attitude by Salah.

An absolute peach of a dipping free-kick from Coutinho flies over the wall and into the back of the net. No chance for Schmeichel.

An assist and a goal from the Brazilian, who looks to have fully refocused after that protracted summer transfer saga.

Goal: Leicester 0-2 Liverpool (Philippe Coutinho)

Wilfred Ndidi stops Moreno in his tracks, earning a yellow card and conceding a free-kick in a dangerous central position.

Mignolet gets into all sorts of bother just outside his penalty area but Okazaki cannot provide the finish. Leicester corner.

Albrighton has his name taken for a poor sliding challenge on Salah.

Salah quickly atones for that earlier miss, peeling off the back of Ben Chilwell to head home Coutinho's back-post delivery from a difficult angle.

That's his sixth goal in Liverpool colours already.

Goal: Leicester 0-1 Liverpool (Mohamed Salah)

Okazaki rises to meet a dangerous right-wing cross from Albrighton but is quickly flagged offside.

Liverpool patiently probe for an opening and Can takes advantage of Albrighton getting sucked infield by unleashing a low drive that comes back off the base of the post.

The ball comes fast at Salah, who inexplicably turns the rebound wide. The visitors should be in front.

Good defending from Simpson to head Jordan Henderson's searching cross behind after a quick Liverpool free-kick.

At the other end, Marc Albrighton clears the crossbar with an effort from distance.

Liverpool losing possession all too easily here and Okazaki releases Vardy down the Leicester left.

He pulls away from Matip and shoots from a tricky angle, forcing a strong save from Mignolet at his near post. Mahrez then scoops the rebound over the crossbar.

A typically quick start from Liverpool, who immediately get in behind the Leicester defence.

Can gets a couple of bites at the cherry but his driven cross from the byline is intercepted by Schmeichel.

Referee Anthony Taylor gets proceedings off and running. Both sides decked out in their familiar blue and red home kits.

Seven changes from Klopp, who does have both Lovren and Matip available after all. Joe Gomez shifts to right-back as Ragnar Klavan and Jon Flanagan make way.

Simon Mignolet, Alberto Moreno, Emre Can, Mohamed Salah and Roberto Firmino replace Danny Ward, Andrew Robertson, Marko Grujic, Alex Oxlade-Chamberlain and Dominic Solanke.

Philippe Coutinho starts as Daniel Sturridge returns to the bench. Danny Ings, Lazar Markovic and Ben Woodburn all exit.

Kasper Schmeichel, Danny Simpson, Harry Maguire, Andy King, Riyad Mahrez, Shinji Okazaki and Vardy all come in for Leicester, with Ben Hamer, Daniel Amartey, Vicente Iborra, Demarai Gray and Islam Slimani dropping to the bench.

Aleksandar Dragovic, Ulloa, Ahmed Musa, Eldin Jakupovic, Yohan Benalouane and youngster Hamza Choudhury miss out altogether. Fuchs is named among the home substitutes.

Confirmed lineups are expected to drop in five minutes or so.

Klopp's defensive headache looks set to worsen with first-choice centre-backs Dejan Lovren and Joel Matip both considered doubtful for today's game.

The former has missed each of the last two games with a back injury, while the latter picked up an unspecified issue during last weekend's disappointing 1-1 draw with Burnley at Anfield.

Midfielder Emre Can also sustained a knock in that same match, although is expected to be fit. Nathaniel Clyne, Adam Bogdan and Adam Lallana are all still out, however.

Before we get official word on the respective team selections, let's run through all of the latest injury news.

For Leicester, who have taken three points in just one of their last eight league matches after winning seven of the previous 10, Jamie Vardy is available again after missing that midweek win with a groin complaint.

The England forward has scored four times already this term and boasts a superb record against Liverpool, notching five times in his last three appearances against Klopp's men.

Left-back Christian Fuchs has recovered from a freak eye problem sustained in training, while Leonardo Ulloa has been passed fit after sustaining a head injury on Tuesday.

However, Matty James remains sidelined with an achilles problem and Robert Huth is still working his way back slowly following ankle surgery.

"I am sick of goals like this to be honest. Unbelievable. You cannot play football like this"

Jurgen Klopp struggled to contain his fury on Tuesday night as yet another frustrating combination of profligate attacking and wretched defending saw his dominant but typically vulnerable side crumble to a disappointing 2-0 defeat to Leicester in the third round of the Carabao Cup.

Liverpool are back in the East Midlands this afternoon, looking to quickly atone for that midweek disappointment and collect a first win in four matches across all competitions.

The Reds have lost just two of their last 10 Premier League matches against today's opponents, although another defeat would make it four in succession at the King Power Stadium. They have not lost three top-flight away matches in a row against Leicester since all the way back in 1931.

Stay tuned for all the latest team news. We will also have minute-by-minute updates for you after kick off at 17.30 BST.