The Continent's big boys that have set their sights on the prestigious trophy this term will find out who their opponents in the group stages will be on Thursday evening
The draw, which is scheduled to start at 17:45CET, will feature an impressive 12 previous winners of the competition, as well as three teams making their debut at the highest level.
All of the top seeded teams except Arsenal have lifted the trophy on at least one occasion, and Manchester United are even making a record 18th appearance in the 21st edition of the Champions League. Meanwhile, Montpellier, Nordsjaelland and Malaga are all set to make their bow in the tournament.
Their status as rookies does not mean that these teams go into the competition without ambition, though, as was illustrated by Boquerones winger Joaquin's words.
"As for the group stage draw, we know that all rivals will be tough but we have qualified and are determined to enjoy the competition and go as far as we can," the Spaniard remarked.
Of the 32 teams that featured in last year's edition of the competition, 20 have once again managed to reach the group stages this term.
Goal.com will bring you all the coverage you need as we find out how the group stages in Europe’s elite club competition will look between now and December.
Click here to follow all the coverage of the draw, which will take place from 17:00BST on Thursday.