A fortnight ago they were humbled 4-0 by Jurgen Klopp's side in a rather ordinary performance at Anfield and defeat on Tuesday, coupled with a win for Napoli against Paris St Germain, would eliminate them from the competition.
"For the club, Belgrade, Serbia and the whole region tomorrow is an important occasion, and we are looking forward to a spectacle. We will try to make the best of the game," Milojevic said.
"One of the best teams in Europe and the world comes to us. I think it will be a real spectacle in the stadium and an atmosphere awaits us that only our fans can create.
"We know that we did not have the support of our fans for the previous two matches.
"Everyone knows what it means to play at the Marakana (as the stadium is known locally), no one feels comfortable with it, and it puts wind in our sails, because the atmosphere is much different than at other stadiums.
"We get extra energy from the stands, and although this may not have much impact on the Liverpool players, I believe that this will be a fascinating atmosphere for them.
"Liverpool are a favourite, no matter what. They are one of the main contenders to win the Champions League; the team is made to attack for the title.
"We need to be concentrated all the time, because every pause and the smallest little thing is immediately punished."