Philippe Coutinho and Steven Gerrard were rewarded by their club at the Liverpool Players Awards on Tuesday.
Coutinho picked up four awards, including the Player of the Year, Players' Player of the Year, Goal of the Year and Performance of the Year.
He appeared in 34 of the 37 league games this season.
The 22-year-old Brazillian says the awards are important for him.
"It's very important for me because it was an award chosen by my fellow teammates, also by the supporters. My teammates are the players who I work with all year round, and being recognised by them and chosen by them is a very, very important award for me which I treasure a lot."
Liverpool's captain Steven Gerrard was given the Outstanding Achievement Award for his service to the club.
Gerrard says he is thankful for his teammates and coaches.
"Yeah, I mean it's a fantastic honour always to receive individual awards - so, as I say, very humbled to receive it. And you only get individual awards when you play with good players and you play in good teams, so I have to thank all my teammates and coaches for helping me as well."
Gerrard has served Liverpool for 17 years in more than 700 matches.
He is bound for the Los Angeles Galaxy in Major League Soccer this summer.