One of Atletico Madrid or Galatasaray awaits Liverpool in the last 16 of the Champions League.
Arne Slot’s side avoided the play-off round after finishing third in the league stage, earning their place in the knockouts.
The Reds had four possible opponents, but the conclusion of the play-off round leaves just two possibilities for Friday’s draw.
When is the Champions League last 16 draw in 2026?
Champions League Last 16 draw 2026: at a glance
Friday February 27, 2026
UEFA.com / TNT Sports 1 / discovery+
TNT Sports YouTube (free)
Galatasaray or Atletico Madrid
The draw will take place live at the House of European Football in Nyon, Switzerland.
The draw of the last 16 of the Champions League will take place on Friday February 27 at 11am (UK), less than two weeks before the first leg.
Who can Liverpool face in the last 16 of the Champions League?
Liverpool will play one Atletico Madrid or Galatasaray after advancing beyond the play-off round.
Slot’s men already know they will host the second leg of their last 16 tie at Anfield, a reward for finishing in the top eight of the league stage.
Champions League draw start time and TV channels
The draw starts at 11am (UK)although there is normally always a long preparation at UEFA before we start!
It will be shown live TNT Sports 1, discovery+ and free on the TNT Sports YouTube channeland will also be streamed UEFA.com, UEFA.tv and the official UEFA Champions League app.
When will the last sixteen matches of the Champions League be played?
The last 16 will be played over two legs March 10/11 and 17/18with exact dates expected to be confirmed later on Friday.
Liverpool will be the away team in the first leg. Their ties will likely take place on Tuesday, March 10 and Wednesday, March 18.
How does the Champions League draw work?
Friday’s draw not only applies to the last 16, but also determines the quarter-finals and semi-finals.
The first draw determines which side of the bracket clubs will compete on (silver or blue). For Liverpool, this means they are taking the opposite path to Tottenham, who they could only meet in the final.
Teams will then follow the bracket path through to the final and, as in the previous rounds, the bottom tier team from each match pair will play the second leg of the respective tie at home.
This system allows a club to map out its potential route to the final, just like in an international tournament.
Where will the Champions League draw be held?
The draw will be held live on the Home of European football in Nyon, Switzerland.
Key dates for the 2025/26 Champions League
The remaining dates for this season’s Champions League are as follows:
Knockout draw – February 27
Last 16: March 10/11 and 17/18
Quarter finals: April 7/8 and April 14/15
Semi-finals: April 28/29 and May 5/6
Final: May 30 (Budapest)
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