Liverpool set for bumper payday as Champions League draw figures confirmed

Below is a summary of the full article. Click here for the full version from Echo or go back to LFC Live.

Liverpool Echo IconSportFootballLiverpool FCNeed to knowLiverpool are set to travel to Spain or Turkey for their round-of-16 clash in the Champions LeagueLiverpool will face one of two formidable opponents in the Champions League(Image: PAUL ELLIS, AFP via Getty Images)Everything you need to know ahead of the Champions League drawWho is involved?: Arsenal topped the Champions League table and secured automatic qualification. Liverpool, Manchester City, Tottenham and Chelsea also progressed directly to the draw, with Newcastle making it through via the play-off round.How much will each team earn?: For the 2025/26 UEFA Champions League season, the financial incentives for reaching the round of 16 are huge.

Every club that has advanced to this stage receives a fixed performance bonus of £9.5million (€11m).Liverpool's potential opponents: The Reds finished third in the Champions League table and will be travelling to either Spain or Turkey. City will come up against Real Madrid or Bodo/Glimt, Arsenal will see Bayer Leverkusen or Atalanta in the round of 16 and Newcastle are up against Barcelona or Chelsea, who could also come up against current holders Paris Saint-Germain.How does the Champions League draw work?: The Champions League draw has moved away from the traditional "random pots" format in favour of a bracket-based system, similar to a tennis event.

An all-Premier League or all-La Liga tie could appear as early as the round of 16, with Chelsea vs Newcastle a possible draw.Seeded teams' advantage: Those who have finished in the top eight of the Champions League table will hold an edge over their opponents. They are guaranteed the second leg at home.READ MORE ABOUT LIVERPOOL'S POTENTIAL ROUND OF 16 DRAW HERE: Liverpool's nightmare Champions League draw as history repeats itself in awkward Anfield return