Manchester City will play 15-time European champions Real Madrid, while Celtic will face Bayern Munich in the Champions League play-off round.
City, the 2023 Champions League winners, will host Madrid at the Etihad Stadium on 11 or 12 February, before travelling to Spain for the second leg the following week.
Celtic, the first British club to win the trophy when they did so in 1967, will face Bayern Munich at Celtic Park before the Bundesliga club host Brendan Rodgers’ side at Allianz Arena in the second leg.
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The winners of City’s tie against Madrid and Celtic’s meeting with Bayern will face either German side Bayer Leverkusen or Spanish club Atletico Madrid in the last 16.
The draw for the last 16 is on 21 February, following the conclusion of the play-off ties, but some elements of that draw are pre -determined.