UEFA Champions League draw LIVE: Arsenal, Leicester, Man City, Real Madrid, Barcelona and Co find out last-16 European fixtures 

Thanks for joining me this morning. A low-down on the draw: 

Arsenal will again face Bayern Munich in the Champions League's first knockout round following Monday's draw in Nyon, Switzerland.

The Gunners were handed a repeat of their last-16 ties from both 2013 and 2014, both of which saw them eliminated. They also met in last season's group stage.

Manchester City were paired with Monaco in the first tie drawn out while Leicester City were the last team drawn and will face Sevilla.

Enjoy the rest of your Monday and have a great week!

That might be all for the Champions League draw but we're not done just yet...

Join my colleague John Downes, who will be guiding you through the Europa League draw which gets underway at noon (UK time). 

Manchester United and Tottenham Hotspur are the only two Premier League teams in the hat for the Europa League last-32 draw.  

Jose Mourinho's side only sealed their place with a final game victory over minnows Zorya Luhansk to finish second in their group behind Fenerbahce — meaning United will be one of 16 unseeded teams in the hat.

Spurs, meanwhile, dropped down to Europe's second-tier competition after failing to qualify from their Champions League group along with the likes of Copenhagen, Lyon, and Besiktas.

CLICK HERE to join Sportsmail's JOHN DOWNES for the draw as it happens in Switzerland...  

'In this group, you knew the possibility was there to draw one of the biggest clubs in the world.

'We have played Barcelona two times, we know it is going to be a big match. We know everything about Barcelona, everybody does, but we have to face it. But Barcelona has to watch out for us.'

'Happy to be here. Of course we have avoided Bayern Munich, Real Madrid and Barcelona. 

'I think they [Monaco] are playing the best football in France now. All the respect for what they are doing in the league. They have young players and a lot of talent.'

'We thought it might happen.

'We've played them some five or six times in the last 15 years. But to keep it in context we've now qualified for the knockout stage for the 14 consecutive season. 

'The fans will think once again we've got the rough end of the draw but we have to beat them one day so why not this season?

'Of course it's going to be difficult but we are in a rich vein of form. We're going to be upbeat and positive. 

'We'll hope we're firing on all cylinders.'

So Arsenal and Bayern Munich will meet in this competition for the fourth time in the last five seasons next year. 

The Gunners, however, perhaps have their best chance of beating this German side who are in transition following Pep Guardiola's exit. 

Arsene Wenger's side topped their group, and deservedly so. This is not as much of a reward as a tie against Benfica (no offence...) would've been. But this Arsenal team pose a different threat with Alexis Sanchez up front. 

Ties to be played 14/15 & 21/22 February and 7/8 & 14/15 March.

Arsenal's fans' worst fears have become a reality, unfortunately. They face a tricky last-16 tie against German giants Bayern Munich. Leicester and Manchester City, however, were handed more favourable clashed. 

The Foxes will face last season's Europa League winners Sevilla while Pep Guardiola's men go head-to-head with French outfit Monaco. 

Sevilla vs Leicester City 

Paris Saint-Germain vs Barcelona

Bayer Leverkusen vs Atletico Madrid 

Porto vs Juventus 

Bayern Munich vs Arsenal 

Benfica vs Borussia Dortmund 

Real Madrid vs Napoli 

Manchester City vs Monaco

Paris Saint-Germain vs Barcelona

Bayer Leverkusen vs Atletico Madrid 

Porto vs Juventus 

Bayern Munich vs Arsenal 

Benfica vs Borussia Dortmund 

Real Madrid vs Napoli 

Manchester City vs Monaco

Bayer Leverkusen vs Atletico Madrid 

Porto vs Juventus 

Bayern Munich vs Arsenal 

Benfica vs Borussia Dortmund 

Real Madrid vs Napoli 

Manchester City vs Monaco

Porto vs Juventus 

Bayern Munich vs Arsenal 

Benfica vs Borussia Dortmund 

Real Madrid vs Napoli 

Manchester City vs Monaco

Bayern Munich vs Arsenal 

Benfica vs Borussia Dortmund 

Real Madrid vs Napoli 

Manchester City vs Monaco

Benfica vs Borussia Dortmund 

Real Madrid vs Napoli 

Manchester City vs Monaco

Manchester City vs Monaco 

We're about to get down to business - after the rules of the draw and competition are announced... 

Ruud Gullit, a two-time European Cup winner, is now on the stage. 'I've been impressed with Dortmund and they've played some excellent football.

'Real Madrid, of course, are favourites and they are there.'

After congratulating Leicester City on making the knockout stages this season - their first year in Europe's elite competition - we're not being shown another video. 

UEFA are certainly masters at taking their time...

So 16 teams can still dream of lifting the trophy in Cardiff - and we've just seen how they booked their spot in the knockout stages. 

Now it's talking time...

Right, here we go then.

UEFA tend to take their time with these things and will show us lovely videos and explaining us the rules, but, eventually, we'll get to the draw.

The group winners (seeded) will be placed in one pot, while the runners-up (unseeded) will be placed in another before the draw is made to form eight two-legged last-16 ties.

The teams will then be drawn against each other with two restrictions. Those are a team cannot face a side from its own group or country. For example Manchester City cannot face Arsenal, Leicester City or Barcelona.

Seeded teams will also be assured to play the second leg of the tie at home.

Best previous performance: Winners (1992, 2006, 2009, 2011, 2015)

Manager: Luis Enrique

Key player: Lionel Messi

Odds: 3/1 (favourites)

Comfortably won Group C and piled up the goals with 20 in six games, including a 7-0 Nou Camp rout of Celtic.

Barca's strikeforce of Messi, Luis Suarez and Neymar will take some stopping but a 3-1 group defeat at Manchester City hinted at defensive vulnerability.

Theo Walcott insists Arsenal are not fazed by anyone in the Champions League, despite the daunting possibility of drawing Real Madrid or Bayern Munich in today's last-16 draw.

Although the Gunners finished top of their group ahead of Paris Saint-Germain, they could still be handed a very difficult tie after 11-time winners Real and German champions Bayern came second.

Benfica, Bayer Leverkusen, Porto or Sevilla are the other possibilities for Arsenal in the draw in Nyon, Switzerland at 11am today.

But Walcott, whose 100th goal for the club set Arsenal on their way to a 3-1 win over Stoke, believes Europe's elite will actually be wanting to avoid them.

'You have to play the best. We won the group, we did what we were asked to do,' he said. 'That's all we can do and it's in the hands of whoever picks those balls out of the hat. Who knows?

'But I don't think many teams will want to play us as well. We have got a very strong squad, we are playing good football in the Champions League.

'When you see Arsenal have won their group, you won't want to play them so it won't matter who we play. We just have to make sure we play the right stuff and work better than them.'

Not long then until we find out the fate of the 16 teams who remain in the Champions League. Who do you want your team to face?

Touching on those Wenger quotes from this morning, I'm sure we can all guess who his 'preference' to avoid would be. 

My guess would be one team are the reigning Champions League champions and the other won last season's German league title...

Best previous performance: Competition debutants

Manager: Claudio Ranieri

Key player: Riyad Mahrez

Odds: 40/1

The Premier League champions are making their debut among the European elite this season.

But the Foxes made short work of Group G, enjoying the best start of any newcomers by winning their opening four games before an under-strength side were hammered 5-0 in Porto.

Best previous performance: Semi-final (2016)

Manager: Pep Guardiola

Key player: Sergio Aguero

Odds: 12/1

Secured their last 16 place before being held 1-1 at home by Celtic in their final group fixture.

Despite beating Barcelona 3-1 at home, City always looked like settling for second spot in Group C after being soundly beaten at the Nou Camp and drawing 3-3 in Glasgow. Defensive issues remain a big concern.

Best previous performance: Runners-up (2006)

Manager: Arsene Wenger

Key player: Alexis Sanchez

Odds (to win tournament): 16/1

Arsenal topped their Champions League section for the first time since the 2011-12 season in winning Group A. They drew twice against Paris Saint-Germain but scored an impressive 18 goals in six games with Sanchez and Mesut Ozil impressive throughout.

Speaking in this morning's press conference, the Frenchman said: 'I will be on the pitch for training. We are training at 10.30. I cannot influence it. If I could influence it I would sit there in front of the television.

'There is no preference. Of course I have preferences but it's better I don't come out with it.

'It looks like there are more contenders. No team is super-super favourite and everyone can have a chance. The luck of the draw plays a part. We know the second game is at home and that’s a psychological advantage. We just have to deal with it.'

And they've every reason to do so, having breezed through the group stages.

They were, however, thrashed 5-0 at Porto in their final match of the group stage...

First leg: February 13/14 and 20/21

Second leg: March 6/7, March 13/14

Finishing runners-up could still draw a friendly tie for Manchester City, and Pep Guardiola's side would fancy their chances of causing Monaco more problems than Spurs managed.

While City will avoid the likes of Bayern Munich, Real Madrid, Paris Saint-Germain and even Barcelona, they are within range of Borussia Dortmund who have already proven they can go toe-to-toe with the defending champions.

Who could they face?

Napoli, Atletico Madrid, Monaco, Borussia Dortmund or Juventus.

The best news for the Premier League champions is they will avoid facing Porto - who hammered them 5-0 in the last group stage match. Bayer Leverkusen may have brushed aside Tottenham, but the Foxes' more defensive approach could catch the German side out who are lying mid-table in the Bundesliga.

Like Arsenal, Claudio Ranieri's side will also hope to avoid Real Madrid and Bayern Munich, but Paris Saint-Germain are also a major threat for Claudio Ranieri's team.

Who could they face?

PSG, Benfica, Bayern Munich, Bayer Leverkusen, Real Madrid or Sevilla.

Progressing as group winners Arsenal would benefit from a tie with Benfica. No last-16 side conceded more goals than the Portuguese outfit in the group stage and that's catnip for the likes of Mesut Ozil and Alexis Sanchez.

On the other side of the coin, Arsenal's 'reward' for winning the group could still be a tie with Bayern Munich or Real Madrid - although the latter are another team who leaked goals in the group stage.

Who could they face?

Benfica, Bayern Munich, Bayer Leverkusen, Real Madrid, Porto or Sevilla.

The group winners (seeded) will be placed in one pot, while the runners-up (unseeded) will be placed in another before the draw is made to form eight two-legged last-16 ties.

The teams will then be drawn against each other with two restrictions. Those are a team cannot face a side from its own group or country. For example Manchester City cannot face Arsenal, Leicester City or Barcelona.

Seeded teams will also be assured to play the second leg of the tie at home.

Group A - Arsenal (winners), Paris Saint-Germain (runners-up)

Group B - Napoli (winners), Benfica (runners-up)

Group C - Barcelona (winners), Manchester City (runners-up)

Group D - Atletico Madrid (winners), Bayern Munich (runners-up)

Group E - Monaco (winners), Bayer Leverkusen (runners-up)

Group F - Borussia Dortmund (winners), Real Madrid (runners-up)

Group G - Leicester City (winners), Porto (runners-up)

Group H - Juventus (winners), Sevilla (runners-up)

Hello, good morning and welcome to Sportsmail's LIVE coverage of today's Champions League last-16 draw.

The Premier League will be well represented with Leicester, Arsenal and Manchester City all in the hat for the first knockout stage of Europe's elite competition. 

We get underway at 11am (UK time) - so I'll do my best to keep you ticking over until then; there's plenty to talk about!