Champions League draw LIVE: Liverpool, Chelsea, Arsenal learn fate
After some chatting with Kaka and Ibrahimovic on stage, we're about to get underway for Pot 1...
The non-English clubs in this pot will all play two Premier League teams - either from Pot 1, Arsenal (Pot 2), Tottenham (Pot 3) or Newcastle United (Pot 4)
Has anyone got the Monty Python "get on with it" meme to hand?
No, I'm joking this time (well...)
But there is some bad news folks. The draw will begin at 5.31pm.
Each pot will then take at least 10 minutes to sort so it won't be until around 6.08pm that we know the complete draw.
Stay with us.
We've just had a Zlatan Ibrahimovic comedy skit.
No, I'm not joking. Yes, it was longer than it needed to be.
Ibrahimovic and Ceferin take to the stage to explain the whole point of that video - so what was it?
That the Swede has received the President's Award.
We've got Aleksander Ceferin on stage to present Chelsea their award to Jason Gannon, the president and chief operating officer of the London giants.
Stay tuned folks. It's unlikely this draw will be happening for another 20 minutes or so just yet.
Talking of Chelsea...
As you can see below, most of Enzo Maresca's players want to face Real Madrid at the Bernabeu or Barcelona at the Nou Camp in this season's league phase.
PSG have also been named by Robert Sanchez and Joao Pedro, though, following a solid start to their Premier League campaign.
Chelsea will be honoured with a new reward at this evening's draw - one which has been created just for them.
The Blues have won the Conference League and Club World Cup in 2025.
And that means they completed the set of winning every major UEFA competition having previously won the Champions League, Europa League and the Cup Winners' Cup.
UEFA president Aleksander Ceferin will hand them a new award to commemorate the feat.
Who's being backed to win the Champions League this year?
Well given how they blew away Liverpool, Aston Villa, Arsenal and Inter Milan last season, again it's PSG.
BoyleSports have Liverpool as second favourites in their Champions League odds, though, despite being knocked out in the round of 16 last season.
Arsenal are priced just outside of Real Madrid but remain another of the clubs well possible of glory in Budapest next May.
Champions League 2025/26 winner odds
PSG - 5/1
Liverpool - 6/1
Barcelona - 7/1
Real Madrid - 7/1
Arsenal - 8/1
Manchester City - 9/1
Bayern Munich - 10/1
Chelsea - 12/1
Napoli - 25/1
Newcastle United - 25/1
Atletico Madrid - 25/1
Inter Milan - 25/1
Tottenham Hotspur - 40/1
Juventus - 40/1
Bayer Leverkusen - 50/1
In case you forgot, this is the second year in which the draw takes a league phase format instead of group stages.
That means all 36 teams into one single league table.
Instead of playing three teams twice, home and away, to determine the two teams to advance into the knockouts, every club now plays eight different opponents - four home and four away.
The top eight in the table automatically advance to the round of 16, their eight opponents will come from the teams who finish 9th to 24th.
Those teams will take each other on in a playoff round to determine who advances to the last 16.
The teams 25th to 36th are all automatically eliminated.
UEFA made a big announcement earlier today regarding the Champions League.
And that's that the start time of the final will now change to 6pm CET (5pm UK) from this season onwards.
Previously, finals had begun at 9pm CET (8pm UK).
UEFA explained: "The decision is designed to enhance the overall matchday experience for fans, teams and host cities by optimising matchday logistics and operations, while delivering several tangible benefits.
"Our goal is to make match day a truly enjoyable experience for everyone who wants to be part of the excitement, while creating a welcoming atmosphere that makes it easy for families and children to attend the biggest and most important club football match of the season."