Liverpool have been drawn against Paris Saint-Germain in the last-16 of the Champions League.
A potential quarter-final with Aston Villa awaits, if Unai Emery's team get past Belgian side Club Brugge.
Arsenal will play Dutch outfit PSV Eindhoven.
There's a Madrid derby between Real and Atletico, while an all-German tie sees Bayern Munich take on Bayer Leverkusen.
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In the Europa League, Troy Parrott's AZ Alkmaar will take on his old side Tottenham Hotspur in the last 16.
Elsewhere, Manchester United will play Real Sociedad, whilst Jose Mourinho's Fenerbahce take on Rangers.
Chelsea have been drawn to play Copenhagen in the last-16 of the Conference League.
They will then come up against Molde or Legia Warsaw in the quarter-finals.
The Premier League side are the overwhelming favourites to win the competition having come through the first stage with a 100 per cent record.