Holders Manchester City, Real Madrid, Bayern Munich and Barcelona will be among the teams to learn their fate in the UEFA Champions League Round of 16 draw.
The likes of Manchester United, Benfica and Sevilla have already bowed out in the group stages, while Paris Saint-Germain were only able to progress as runners-up in a hotly contested Group F.
This season's final is at Wembley Stadium but the Premier League contingent has been trimmed to two, with City and Arsenal flying the flag.
Here's everything you need to know about the Champions League Round of 16 draw.
Euro 2024 qualifying groups in full
The draw for the Champions League Round of 15 will take place on Monday, December 18 at 12 p.m. CET (6 a.m. ET).
The draw is split into seeded and unseeded teams. The eight group-stage winners are seeded and will face a team from the unseeded pot of runners-up. Seeded teams will play the second leg of their last-16 tie at home.
Clubs cannot draw a team from their domestic league in the Round of 16, nor the other team that qualified from their group. For example, Manchester City cannot be paired with RB Leipzig.
These restrictions will be removed in favour of an open draw for the quarterfinals.
When is the Europa League Round of 16 draw? Date, venue, format, teams qualified
The Champions League Round of 16 draw will take place in Nyon, Switzerland.
UEFA's base, the European House of Football, is the venue as usual for such occasions.
Here are the 16 teams who made it through
The quarterfinals take place in April, with the semifinals starting on the final day of the month and concluding in May.
The final takes place on June 1, which is 13 days before the first game of Euro 2024 in Germany. Here's the full knockout stage schedule.
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