With all the talk of the World Club Championship at the moment it's easy to forget that the draw for the next stage of the Champions League takes place tomorrow at 11.00.
Last 16 teams are as follows:
Group winners
AC Milan
Arsenal
Barcelona
Inter Milan
Juventus
Liverpool
Lyon
Villarreal
Group runners-up
Ajax
Bayern Munich
Benfica
Chelsea
PSV Eindhoven
Rangers
Real Madrid
Werder Bremen
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Draw conditions:
Teams from the same national association cannot be drawn together.
Liverpool have no 'country protection' because of the special circumstances of their entry into the competition, but cannot face Chelsea (same group) or Arsenal (group winners like Liverpool).
The winners and runners-up of the same group cannot be drawn together.
Group winners will be kept apart in the draw.
Group runners-up will play the first leg of the two-legged knock-out ties at home, giving the group winners the perceived advantage of playing at home in the second leg.
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British teams:
Arsenal
Could face: Bayern Munich, Benfica, PSV Eindhoven, Rangers, Real Madrid or Werder Bremen
The Gunners eased through the group stages of the Champions League but could still face some big names in the second round.
Real Madrid are potential opponents and there is the prospect of a repeat against Bayern Munich, who knocked out the Londoners at this stage 12 months ago.
Chelsea
Could face: AC Milan, Barcelona, Inter Milan, Juventus, Lyon or Villarreal.
The Blues were runners-up to Liverpool in the group stages of the Champions League, and could face any of the other group winners, bar Arsenal, in the last 16.
This includes Italian giants Juventus, AC Milan and Inter Milan, as well as Spanish heavyweights Barcelona, who they met in an acrimonious two-legged tie in the last 16 last season.
Liverpool
Could face: Ajax, Bayern Munich, Benfica, PSV Eindhoven, Rangers, Real Madrid or Werder Bremen
Teams from the same national association cannot be drawn together in the last 16 of the Champions League.
Despite Liverpool having no such protection because of the special circumstances of their entry into the competition, they cannot face Chelsea, who were in the same group, or fellow group-winners Arsenal.
Rangers
Could face: AC Milan, Arsenal, Barcelona, Juventus, Liverpool, Lyon or Villarreal.
Rangers became the first Scottish club to qualify from the group stages of the Champions League with their brave 1-1 draw against Inter Milan.
The result helped Alex McLeish hang on to his job at the Ibrox helm, but second spot behind Inter means they could pick one of Europe's biggest names out of the hat.
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To be honest I wouldn't fancy playing Bayern Munich, Real Madrid or PSV at this stage. The best draws would be Rangers, Werden Bremen or Ajax.
Please keep all build up and reaction in this thread.
Cheers.