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The Champions League last-16 draw has set up thrilling matchups, with Liverpool facing PSG, Arsenal meeting PSV, and Real Madrid clashing with Atletico. Other key ties include Bayern vs. Leverkusen and Barcelona vs. Benfica. The knockout stage kicks off in March, with the final set for May 31 in Munich.

Liverpool will face Paris Saint-Germain in the Champions League round of 16, setting up a thrilling showdown between two European powerhouses. Arsenal, meanwhile, have been drawn against Dutch champions PSV Eindhoven, while Real Madrid will battle city rivals Atletico Madrid in a high-stakes derby.

The draw has produced several exciting matchups, with Bayern Munich facing Bundesliga rivals Bayer Leverkusen and Barcelona set to take on Portuguese giants Benfica. Borussia Dortmund will meet Lille, while Inter Milan go head-to-head with Feyenoord. Aston Villa, representing the Premier League, will clash with Belgian side Club Brugge.

Defending champions Real Madrid enter the knockout stage following a dominant group performance, boosted by Kylian Mbappe’s recent hat-trick against Manchester City. Liverpool, who topped their league stage group, are eyeing a seventh European title but must overcome a star-studded PSG squad led by Mbappe. Arsenal, eager to make a deep run in the competition, will need to outclass PSV to advance.

The road to the final in Munich is now clear, with potential quarter-final clashes including a Liverpool-Villa meeting or a blockbuster Arsenal-Real Madrid showdown. The tournament remains unpredictable, with surprises expected along the way.

The first-leg fixtures are scheduled for March 4 and 5, with return matches a week later. The grand finale will take place at the Allianz Arena in Munich on May 31, where one team will lift the coveted trophy. Fans can expect intense battles as Europe’s elite chase Champions League glory.