The draw of UEFA Champions League round 16 took place in Nyon, Switzerland, on Monday. 

Round 16:
Paris Saint-Germain (FRA) v Chelsea FC (ENG)
FC Shakhtar Donetsk (UKR) v FC Bayern München (GER)
FC Schalke 04 (GER) v Real Madrid CF (ESP)
FC Basel 1893 (SUI) v FC Porto (POR)
Manchester City FC (ENG) v FC Barcelona (ESP)
Juventus (ITA) v Borussia Dortmund (GER)
Bayer 04 Leverkusen (GER) v Club Atlético de Madrid (ESP)
Arsenal FC (ENG) v AS Monaco FC (FRA)

Interestingly, two of the ties have been played in last season's competition. Real Madrid will once again face Schalke, while Barcelona's opponent is England's champion Manchester City.

At this stage in 2013/14  Schalke lost 1-6 and 1-3, while Manchester City was defeated by Barcelona 0-2 and 1-2.

During the least season, Chelsea beat PSG in the quarter-finals and made it to the semis thanks to a goal scored in an away match.

According to bookmakers, Arsenal, Atletico, Juventus, Barcelina, Porto, Bayern and Real will advance to quarterfinals, while PSG and Chelsea have equal chances.

The odds for becoming Champions League champion are as follows:

Real Madrid – 3,5

Bayern- 3,5

Barcelona - 6

Chelsea  - 9

Manchester City - 15

Atletico Madrid – 17

Arsenal - 21

PSG - 21

Juventus - 25

Borussia Dortmund - 34

Porto- 51

Monaco - 101

Bayer - 101

Basel- 201

Schalke - 201

Shakhtar – 301

The first matches are scheduled for February 17-18 and 24-25, while the second games will take place on March 10-11 and 17-18.