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Champions League draw: Liverpool face Real Madrid, Bayern Munich vs. PSG

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Why you shouldn't write off Liverpool vs. Real Madrid (0:49)

Gab & Juls react to a repeat of last year's Champions League final in the round of 16, as Liverpool face Real Madrid once more. (0:49)

Defending champions Real Madrid will face Liverpool in the Champions League round of 16, a repeat of last season's final, while Paris Saint-Germain will play against Bayern Munich.

Madrid are seeking to win a 15th European title in June's final in Istanbul, having claimed a 1-0 win over Liverpool in last year's final in Paris. Madrid also beat Jurgen Klopp's side in the 2018 final in Kyiv.

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"It's a repeat of the last final; they're two historic teams. It will be an electric, fascinating tie for the fans," Madrid director Emilio Butragueno said.

"We're the champions, and we want to defend our title, while being aware of the opponent we face. We'll do everything we can to be in the quarterfinal draw."

Madrid beat Liverpool in the 2018 and 2022 finals, to extend their Champions League record to 14 titles.

"Liverpool again. They'll say the same, Real Madrid again!", Madrid coach Carlo Ancelotti said after his team loss against Rayo Vallecano on Monday.

"It will be a very entertaining and difficult last 16 game, with a good atmosphere at Anfield and the Bernabeu. It will be a spectacular tie."

Meanwhile, PSG, who finished second in Group H, remain on the hunt for their first Champions League title and will have to go through familiar foes to do so, having last met Bayern in the 2020 final, in which they suffered a 1-0 defeat.

Elsewhere, Chelsea drew Borussia Dortmund, meaning forward Christian Pulisic will return to face his former club for the first time since leaving for Stamford Bridge in 2019.

Manchester City eased their way to top Group G and were rewarded with a draw against RB Leipzig, while Tottenham Hotspur face AC Milan.

The round-of-16 first legs will take place on Feb. 14-15 and Feb. 21-22, with the second legs due to be held on March 7-8 and March 14-15.

The final is scheduled for June 10 at the Ataturk Olympic Stadium in Istanbul.

Champions League round of 16 draw:

RB Leipzig vs. Manchester City

Club Brugge vs. Benfica

Liverpool vs. Real Madrid

AC Milan vs. Tottenham Hotspur

Eintracht Frankfurt vs. Napoli

Borussia Dortmund vs. Chelsea

Inter Milan vs. Porto

Paris Saint-Germain vs. Bayern Munich