We drew Real Madrid, and whilst many people will say that they're a 'team in transition', they will still be formidable opponents.
The first leg will be played at the Santiago Bernabeu on Tuesday February 21st., with the return at Highbury on Wednesday March 8th.
Here's the full draw:Chelsea v Barcelona
Real Madrid v Arsenal
Werder Bremen v Juventus
Bayern Munich v AC Milan
PSV Eindhoven v Lyon
Ajax v Inter
Benfica v Liverpool
Rangers v Villarreal