The fixture is expected to be one of the Ligue 1 team’s final preparations before the start of their French elite division campaign.
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It will be the first meeting between the two sides since the 2004-05 Champions League group stage, a season Liverpool famously went on to win after their historic comeback against AC Milan in the final.
Both clubs are currently undergoing managerial transitions following the departures of Arne Slot at Liverpool and Sebastien Pocognoli at Monaco.
The Anfield giants are reportedly set to appoint Andoni Iraola, while Monaco are expected to bring in Filipe Luis as they prepare for the new season.