Champions League draw finalised

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Villarreal-Panathinaikos could potentially provide a surprise semi-finalist.

New Delhi: 12:20 CET: Well, what can we take from this? At this stage it's churlish to try to select a "tie of the round" due to the sheer strength of the teams involved, but there are three English teams meeting three Italian teams here in what will surely be huge matches right across the board. Villarreal-Panathinaikos could potentially provide a surprise semi-finalist, while Lyon-Barcelona could be especially intriguing if the French champions get a good first leg result.

12:19 CET: That's the draw complete - here it is in full:

Chelsea - Juventus

Villarreal - Panathinaikos

Sporting - Bayern

Atletico Madrid - FC Porto

Lyon - Barcelona

Real Madrid - Liverpool

Arsenal - Roma

Inter - Manchester United

12:18 CET: And then ARSENAL meet ROMA by default, leaving one more tie - INTERNAZIONALE meet MANCHESTER UNITED!

12:17 CET: Struggling REAL MADRID remain a massive test for. my, oh, my! LIVERPOOL!

12:16 CET: OLYMPIQUE LYON are out next. Lyon are going to face FC BARCELONA!

12:15 CET: And then ATLETICO MADRID are drawn to face. well, it's none other than FC PORTO! Once again it looks like big guns versus big guns are coming up soon - but both of those sides will feel that this tie is winnable!

12:14 CET: Next up is SPORTING CP. They will face. BAYERN MUNICH! Well, this leaves several of the bigger guns free to be drawn against each other!

12:13 CET: VILLARREAL are next out. Who will Manuel Pellegrini's side meet this time? It's. PANATHINAIKOS. (Scroll to the foot of the page to see the whole draw, by the way, as it happens._

12:12 CET: AND WE'RE UNDERWAY! The first team out is CHELSEA. And their opponents. JUVENTUS! Claudio Ranieri meets his old side!

12:11 CET: The UEFA boffin is explaining the different draw permutations.

12:09 CET: And now a UEFA functionary has appeared to conduct the draw. There are just minutes to go but, curiously enough, the presidential seating at the front of the room is nowhere near full, but the press area at the back is chock-a-block.

12:07 CET: Now we take a moment to remember the contributions of Bruno Conti. The former AS Roma legend is now a UEFA Champions League ambassador. He spent seventeen years with the giallorossi, believe it or not, in a wildly successful career. He may not have ever won the European Cup but he did finish as a runner-up.

12:06 CET: We're now midway through one of those highlight reels that UEFA do so well, in which the 16 remaining sides are being showcased. Of course it's hard to draw too many conclusions from a 20 second clip of each side, but Panathinaikos, despite their relatively modest stature, look to be a force to be reckoned with.

12:02 CET: Mr. Taylor reveals that of the 16 remaining teams, no fewer than 13 are past finalists of Europe's premier competition. I'll let you rack your brains to see if you can work out which three have never made it to the last two.

12:00 CET: And we're underway! UEFA General Secretary David Taylor of Scotland is waxing lyrical about the Champions League's unique charm. Michel Platini, the UEFA chief, sends his apologies - he's at the Club World Cup in Japan at the moment, preparing to cheer on Manchester United (apparently.)

11:57 CET: Indeed, while Barcelona's draw may be considered "easy", another look at the teams involved suggests that there is no simple passage to the next stage. After all, even those names considered less than huge on the continental stage have their advantages. Panathinaikos, of course, managed to win their group ahead of Inter. The Italian champions thus can only meet Barcelona, Liverpool, Manchester United, Bayern Munich, or Porto. Not long to go now!

11:53 CET: Just seven minutes to go until the ceremonies begin. The draw itself will follow after the usual pre-amble. Barcelona president Joan Laporta has more reason than most to be nervous at the moment: such is his side's seeding that they can only be drawn against Chelsea, Inter, Lyon, or Arsenal. But, as the cliche goes, to be the best, you have to beat the best.

11:46 CET: The great, the good, and the not-so-great of European football are assembled in Nyon to follow the draw, which, in true UEFA fashion, is somewhat Byzantine in its structure. It's not as simple as two sets of seeds being drawn against each other. Instead ther are certain stipulations: teams from the same group must avoid each other, as much those from the same national league.

11:44 CET: Welcome to Goal.com's LIVE coverage of the UEFA Champions League draw in Nyon! I'm Ewan Macdonald and we at Goal.com will be with you every step of the way as Europe's top 16 teams learn their fate on a cold, Swiss afternoon.

DRAW