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How the Champions League draw works for Liverpool and the huge prize money on offer

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A view of the UEFA Champions League trophy(Image: Photo by Kristian Skeie - UEFA/UEFA via Getty Images)

The 2025/26 season is well underway after Liverpool recorded a 4-2 victory over Bournemouth in their opening Premier League game and now they are just over a week away from discovering their Champions League league phase opponents.

Arne Slot's side topped the new-look table last season, winning seven of their eight games and losing just once.

So, here is everything you need to know about next week’s league phase draw.



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The draw will take place on Thursday, August 28 at 5pm UK time.



No teams from the same association can be drawn against each other, meaning Liverpool cannot face any of their Premier League rivals in the league phase.

Liverpool will be in pot one alongside PSG, Real Madrid, Manchester City, Bayern Munich, Inter Milan, Chelsea, Borussia Dortmund, and Barcelona.

By the end of the draw, Liverpool will know their eight opponents, but the official Champions League fixture list with all match dates and kick-off times will be communicated no later than Saturday, August 30.

Matchday 1: 16–18 September 2025

Matchday 2: 30 September–1 October 2025

Matchday 3: 21/22 October 2025

Matchday 4: 4/5 November 2025

Matchday 5: 25/26 November 2025

Matchday 6: 9/10 December 2025

Matchday 7: 20/21 January 2026

Matchday 8: 28 January 2026

Sky Sports discounted Premier League and EFL package

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Sky has slashed the price of its Essential TV and Sky Sports bundle for the 2025/26 season, saving members £192 and offering more than 1,400 live matches across the Premier League, EFL and more.

Sky will show at least 215 live Premier League games this season, an increase of up to 100 more.

Knockout phase play-offs: 17/18 & 24/25 February 2026

Round of 16: 10/11 & 17/18 March 2026

Quarter-finals: 7/8 & 14/15 April 2026

Semi-finals: 28/29 April & 5/6 May 2026

Final: 30 May 2026

As mentioned, next year's Champions League final on May 30 will be staged at the Puskas Aréna in Budapest, Hungary.

Based on last year’s figures, in the league phase of the competition, every win earns a club £1.8m, while a draw brings in £590,000.

Clubs that finish in the top eight and qualify directly for the round of 16 receive an additional £1.7m, and teams are also awarded £233,000 for each place in the league phase table.

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Last season, after finishing top, Liverpool earned £8.4m from the league phase alone.
For more news relating to Newcastle United, visit our sister site NUFC Latest Live.

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