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Premier League leaders Liverpool against defending French champions PSG promises to be an intriguing tie.
PSG looked to be heading out of the competition before a late run of form saw them finish 15th in the league phase.
They lost to Arsenal before defeating Manchester City to set up an all-France knockout phase play-off with Brest which they won 10-0 on aggregate.
PSG have Ousmane Dembele, one of the in-form goalscorers in Europe right now, with six goals in this season's competition.
Liverpool have not won any of their past five away games against French clubs, since a Champions League victory against Marseille in 2008.
"At this stage of the competition, the quality of opponent is only going to be of a very high standard and in PSG we have drawn a team and a club with real European pedigree," said Liverpool boss Arne Slot.
"They qualified for the last 16 of the Champions League in style earlier this week with a big win against Brest and they had some really good results in the league phase, defeating Stuttgart, Manchester City, Girona and Salzburg."
If Liverpool get past Luis Enrique's side, then they will face Premier League rivals Aston Villa in April as long as they see off defending Belgian champions Club Brugge, who finished 24th in the league phase before defeating Atalanta in the knockout phase play-offs.
Club Brugge beat Villa in the league phase, one of only two defeats suffered by Unai Emery's side, but face a tough task after losing the first leg at home 3-1.
"We are not in the quarter-final," said manager Emery.
"There's still 90 minutes to play.
We're ready in case we need extra time and penalties because I know how difficult it is in each match and how we can change one match in 90 minutes.
"They won against Atalanta 3-1 and they compete very well.
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