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As the dust settles on the Champions League’s round of 16 draw, Liverpool’s path to European glory has crystallized.

Arne Slot’s men will face PSG as confirmed by the UEFA draw.

The first leg will be played March 4/5, with the return at Anfield on March 11/12

Liverpool’s European pedigree—six titles and four runner-up finishes—looms large.

While the new league format rewards consistency, knockout football is all about moments.

The 2-1 victory over Lille in January not only sealed their progression but added €11 million (£9.3 million) to their prize pool, part of a total haul exceeding £82 million so far—the highest among English clubs.

Progressing to the quarter-finals would inject €12.5 million (£10.5 million) into Liverpool’s coffers, with further bonuses for reaching the semis (€15 million/£12.7 million) and final (€18.5 million/£15.6 million).

Victory in Munich on May 31 would net an additional €6.5 million (£5.5 million), pushing their total potential earnings to £52.7 million—a figure that doesn’t include broadcast revenue shares or matchday income

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