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As Liverpool prepare to continue their quest for a seventh European crown, the Champions League knockout landscape has shifted under this season’s revamped format.

Friday’s draw not only determines their immediate opponents but also charts a potential path to the final—a route shaped by strategic seeding.

Finishing atop the league phase with seven wins from eight matches, Liverpool secured a coveted top-two seeding—a critical advantage in the restructured knockout bracket.

Under the new system, the Reds avoid facing fellow elite seeds like Barcelona or Arsenal until a potential final showdown.

Instead, their round of 16 fate narrows to two possibilities: Paris Saint-Germain or Benfica.

PSG advanced via a ruthless 10-0 aggregate demolition of French counterparts Brest while Benfica edged Monaco 4-3 over two chaotic legs, surviving a second-leg comeback.

The bracket structure guarantees Liverpool’s second leg at Anfield, potentially a crucial detail.

How to watch Champions League Round of 16 draw for free

Fans worldwide can tune into the draw via UEFA.com for free, which offers an official live stream complete with expert analysis and real-time updates.

It is scheduled to take place on Friday, February 21, at 11:00 AM UK time, at the House of European Football in Nyon, Switzerland.

Alternatively, the UEFA YouTube Channel provides global access, though territorial restrictions may apply in certain regions.

UK-based supporters have the option to watch through TNT Sports 1, though this requires a subscription or registration via discovery+.

International viewers should consult local broadcasters for regional coverage—Sony LIV and Sony Sports 2 will stream the event in India, while SuperSport holds broadcasting rights across sub-Saharan Africa.

But one should not need to utilize TV channels or third parties as UEFA’s website will host the draw for free.

The ceremony will also outline potential quarter-final and semi-final matchups, offering critical intelligence for fans tracking Liverpool’s path to Munich.

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