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The UEFA Champions League draw for the round of 16 has been completed, with Europe's big guns continuing on their quest for continental glory.
The first round of fixtures won't be played until February, while the second leg will take place in March.
Teams struggling now can overturn their forms in the next two months, but it's never too early to talk about the winners and losers of the draw. So lets take a look at the teams that will or won't be satisfied with their match-ups.
Winners: Manchester City
After being handed a relatively soft group, and avoiding a showdown with Diego Simeone's Atletico Madrid in the round of 16, Guardiola would have been a happy man after being drawn up against an out of form Schalke 04 who are languishing at 14th in the Bundesliga.
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The likes of Sergio Aguero, Kevin De Bruyne, David Silva, Raheem Sterling, and Leroy Sane will have too much firepower for the Germans.
Leroy Sane, who was struggling on the bench early in the season, has become an indispensable starter in recent weeks. The young German will have a chance to show how much he has matured and improved against his former club.
Another quarter-final appearance in the UCL may be a given for Manchester City, and this draw will give Pep more time to get his players ready for the heavyweights in the latter rounds.
Losers: Tottenham Hotspur
After making it to the knockout stages on the final matchday, Spurs have been drawn against Bundesliga leaders, Borussia Dortmund, who have been revived under Lucien Favre this season.
Spurs may have beaten Dortmund twice in the group stages last season, but Dortmund are going to be a much different proposition to what they were 12 months ago. Topping the group ahead of Atletico Madrid shows how far they have come this season.
Pochettino's men were expecting a tough draw after coming second in their group behind Barcelona, and were probably going to be one of the losers of the draw. A trip to Westfalenstadion is never a pretty proposition.
Winners: Spanish giants - Real Madrid and FC Barcelona
Both Spanish giants would have been delighted to avoid Liverpool this early in the competition. Real Madrid will be looking to win an unreal fifth title in six years, while Barcelona will be hoping to claim the title from their arch-rivals for the first time since 2015.
Defending champions Real Madrid haven't found it easy this season. No Ronaldo, no Zidane, and the sacking of his replacement - Julen Lopetegui, Madrid have found life difficult so far. But this side still managed to come alive in the Champions League, and would have been pleased to get a draw against Ajax.
Ajax have been impressive so far this season, and managed to hold Bayern Munich in both games in the group stages. But the experience and class of Los Blancos may be too much to handle for the young Dutch side.
Barcelona have had a rocky start to the season, but have hit top gear in recent weeks. Lyon may be a tricky side, as they have denied Manchester City a victory twice, thanks to some tactical planning, but Barcelona who have Lionel Messi in their ranks, are a completely different ball game.
Barcelona would have been relatively happy with their draw, and will be confident of making it to the quarter-finals.
Winners: Roma
There were reports that there was a big celebration at the Roma training ground after being drawn against Porto. Finishing second in the group meant that Roma could have come up against the likes of Barcelona, Borussia Dortmund, Bayern Munich, Manchester City, and Paris Saint-Germain.
Roma have been underwhelming in Serie A so far, sitting at 7th. So the celebrations were understandable. Porto are a formidable opponent and were impressive in the group stages, finishing with 16 points out of a possible 18.
Roma may have been handed a relatively easier draw, but the road gets tough from then on, especially if they are to match last season's results.
Losers: Manchester United
Solskjaer's side have been handed the worst possible draw. Manchester United fans may have been praying for Mourinho's ex-club Porto, but instead have been drawn against the team everyone wants to avoid: Paris Saint-Germain.
It is hard to imagine Chris Smalling and Victor Lindelof taking on the front-three of Kylian Mbappe, Edinson Cavani, and Neymar for 180 minutes.The shambolic and poor defensive record of United this season will have the front line of PSG feasting.
United are a long long way off causing an upset based on current form. But with two months to go for the first leg at Old Trafford, Solskjaer has a task on his hands. He has two months to fine-tune his side, and impose his methods for the big game.
Losers: Atletico Madrid and Juventus
It's Griezmann vs Ronaldo again. Both teams would have wanted to avoid meeting each other in the round of 16.
Both clubs are experienced in the knockout stages, having played two finals each in the last five seasons. Juventus have been fortified by the signing of Cristiano Ronaldo, but they would have hoped for a better draw than Atletico who are determined to make it to the final, which will be held at their home stadium, the Wanda Metropolitano.
Atletico are a resistant team under Simeone, and are regarded as the dark horses of the competition. But they will come up against Ronaldo, the man who has denied them of continental glory a number of times with his old club Real Madrid, and will be looking to do so once again at his new club.
Losers: Bayern Munich
Bayern Munich were handed the team everyone wanted to avoid from pot two - Liverpool. Last season's finalists qualified for the knockout stages on the final matchday, after they knocked out Carlo Ancelotti's Napoli at Anfield.
Liverpool have struggled away from home in the UCL, losing all three games. But at home, they are a completely different side. With the first leg set to take place at Anfield, Bayern need to be ready for the front line of Sadio Mane, Roberto Firmino, and Mohamed Salah.
Bayern will be boosted by the fact that Van Dijk will be suspended for the first leg, but Bayern need to be wary of the attacking threat Liverpool possess. This tie has all the elements of a blockbuster.
