• Liverpool will face Paris Saint-Germain in a high-stakes Champions League match.
• Defending champions Real Madrid take on local rivals Atletico Madrid.
• Bayern Munich is set to clash with Bayer Leverkusen in an all-German tie.

In a dramatic draw for the last 16 of the Champions League, held in Nyon, Switzerland, defending champions Al Jazeera report that Real Madrid will face their city rivals Atletico Madrid. This encounter revives memories of their finals in both 2014 and 2016, both of which Madrid triumphed.

In another highlight of the draw, Liverpool, the top-seeded team, will look to advance against PSG, marking the first time these two teams have faced off in the knockout stages of the competition. Their previous encounters were during the group stages of the 2018/19 season when they both claimed home victories.

The first leg of these matchups will take place on March 4-5, with return fixtures scheduled for March 11-12. In addition to Liverpool and PSG, the draw featured several intriguing clashes including Bayern Munich facing Bayer Leverkusen in a pivotal Bundesliga matchup. Both teams are in top form, with Bayern leading the league this season.

Teams across Europe will also be looking forward to matches such as Arsenal against PSV Eindhoven and Aston Villa taking on Club Brugge, following their earlier league encounters where both faced ups and downs. Furthermore, Inter Milan will compete against Feyenoord, with both clubs eager to move forward in the tournament.

For a full overview of the last-16 draw and subsequent fixtures, visit BBC and Reuters.