Champions League draw LIVE: Arsenal, Liverpool and Aston Villa learn last-16 opponents and fixture dates confirmed | OneFootball

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Guardiola admits 'the best team won' after Champions League exit

The Champions League knockout stage draw has taken place this morning with Liverpool, Arsenal and Aston Villa learning their last-16 opponents.

Arsenal face a trip to the Netherlands against PSV, while Liverpool must travel to a rampant PSG side following their 10-0 aggregate win over Brest in the play-off round. Aston Villa will enjoy a trip to Belgium against Club Brugge as Unai Emery continues their European adventure.

Real Madrid’s impressive dismantling of Manchester City has earned them a Madrid derby against cross-city rivals Atletico, with Bayer Leverkusen and Bayern Munich also offering a tasty all-Bundesliga tie. Barcelona take on Benfica, while Feyenoord's reward for knocking out AC Milan is a tie against their city rivals Inter Milan.

Liverpool could face Villa in the quarter-finals, while the Gunners will be eyeing up a last eight tie against one of the Madrid giants. Follow all the latest results and reaction from Nyon below: