Liverpool saw their Champions League qualification chances ended last night, despite victory in Hungary against Debrecen.
Gerrard and co now face a Europa League campaign and the skipper says: "Of course because the main prize has gone.
"When you start the season, you want to stay in the Champions League as long as possible, so to be playing in the Europa League is disappointing.
"But we have to accept that, move on and go and try and win it.
"The only consolation from losing out on the Champions League is to go and win the one that comes second."