The Reds, who reached the final of the competition twice during the last three years, grabbing the title in 2005, are embarrassingly bottom of Group A with one point from three games.

However, Carragher is 'not worried' about an early crashing, despite admitting that it would be disappointing to the Premiership club.

"We are not worrying too much about what happens if we do not qualify, and I don't even see that as a disaster," the England international was quoted as saying by Sky Sports.

"It's just football, but if we don't get through we could qualify for the UEFA Cup and we would be confident going into that."

"Obviously we want to be in the Champions League, we want to play against the best and show we can compete against them. But we have done that anyway in the last couple of years or so with two final appearances.

"If it happens we have to get on with it. It would be a disappointment, not a disaster, and it would still be a massive season ahead for us with genuine targets."

Liverpool will be searching for their first Champions League victory this term when they entertain Turkish side Besiktas in a must-win game at Anfield on Tuesday.

"We aim to win all three, but let's concentrate on beating Besiktas first before we start thinking about what we do in the last game in Marseille," added Carragher.

"We must win this one, and then move on to beat Porto. That's two home games and our crowd will play a big part, then we will think about what we must do in Marseille."