The director is satisfied with the outcome of his side's pool in the elite club tournament, as he particularly looks forward to their glamour tie against AC Milan
The Andalusian side defeated Panathinaikos 2-0 on aggregate in the play-off round, and their reward for reaching the group stage for the first time are matches against AC Milan, Zenit St. Petersburg and Anderlecht.
Speaking to reporters after the draw, the club official remarked: "We are happy to be here, and the draw could have been worse.
"Sincerely, we can progress. There is one strong club in Milan, and the others are on our level."
Aguilar was especially excited about the prospect of playing seven-time European champions Milan, and believes the competition will bring a "beautiful" atmosphere to La Rosaleda.
"It will be very beautiful to play at the San Siro and to see a full stadium at Malaga when they visit us," said the director.
Malaga's precarious financial situation has meant that stars such as Santi Cazorla and Salomon Rondon have been sold to Arsenal and Rubin Kazan respectively, but Aguilar remains optimistic about his side's capabilities.
"We have a lot of faith and belief that we can do something great in the tournament," he concluded.
Malaga's debut Champions League campaign begins at home to Russian champions Zenit on September 19.