Liverpool have been drawn against Paris Saint-Germain in the Champions League round of 16, while holders Real Madrid face local rivals Atlético Madrid.

The Champions League draw is scheduled for 11am GMT on Friday, 21 February. Arsenal will play the first leg of their last-16 match away from home on 4/5 March and then the second leg at the Emirates on 11/12 March.

Six writers from The Athletic analyse the draw for the Champions League last-16 ties and the road to Munich in May

The round-of-16 draw takes place on Feb. 21 at 6 a.m. ET / 11 a.m. GMT. The clubs that finished in the top eight of the league phase went directly through to the round of 16, along with the winners of the eight knockout playoff (KO-PO) round ties between clubs who finished ninth to 24th.

Liverpool have been drawn against Paris St-Germain in the last 16 of the Champions League. Liverpool topped the league phase of the competition with seven wins from their eight matches, and must now topple the French champions to progress. Arsenal will face Dutch champions PSV Eindhoven, who knocked out Juventus in the play-off round.

Liverpool will take on Paris Saint-Germain and reigning champion Real Madrid will play rival Atletico Madrid in the Champions League Round of 16, the draw revealed Friday in Nyon, Switzerland.