The rampant success of the early 1980s gave way to a fairly quiet decade for Liverpool in the League Cup, with the 1-2 result against Arsenal in 1987 their only appearance in a final of a competition they'd dominated. They weren't entirely starved of silverware just yet---FA Cup trophies began arriving regularly almost immediately after League Cup success dissipated---but with title challenges in league slowly fading, the chance to re-capture a trophy they'd previously been so familiar with was an exciting prospect.
Bolton made their way to Wembley as part of their promotion-winning season of 1994-1995, with Bruce Rioch leading the club out of the second division and into the Premiership via a 4-3 win over Reading in London a month and a half after their meeting with Liverpool. Notable among the names in Rioch's Bolton side was Jason McAteer, who would make the switch to Merseyside near the start of the next campaign after turning in a quality performance on the day.
But this one belonged to Steve McManaman, whose two goals and overall stellar display led the way as the League Cup returned to Anfield. The Liverpool side was packed with a mix of aging legends and promising young talent---McManaman made Roy Evans' starting eleven along with fellow emerging talents Jamie Redknapp and Robbie Fowler, and John Barnes and Ian Rush, both of whom were winding down their Liverpool careers, were included as well. Bolton made it nervy, with Alan Thompson pulling one back to narrow Liverpool's lead with twenty minutes to play, but the "McManaman Final" ended with yet another piece of silverware for the Reds.