By Sam Ade Oguns
|THE DRAW IN FULL
|Galatasaray v FC Schalke
Celtic v Juventus
Arsenal v Bayern Munich
Shakhtar v Borussia Dortmund
AC Milan v Barcelona
Real Madrid v Manchester United
Valencia v Paris Saint-Germain
FC Porto v Malaga
First legs will be played on either February 12/13 or19/20, with the return legs on March 5/6 or 12/13.
The draw on Thursday pitched the Italian giants against the Bhoys and when asked whether the pairing would halt the progress of Celtic in the competition, the Nigeria defender simply told Goal.com: "We fear no foe, the 180 minutes will decide our fate.
Ambrose insisted that it was high time people started treating Celtic with respect and that the team is not afraid of big names in the game.
He continued: "I can tell you honestly that it is a good draw for us and we are very happy about it. We have a united team and we believe in our quality and talent and most importantly, our coaches have been awesome and technically savvy.
"So like I said, we fear no foe but respect all our opponents as we want to make a statement in this competition.
The Hoops secured their passage into the last 16 with a 2-1 victory over Spartak Moscow on matchday six.
And Ambrose believes along with this win and the 2-1 victory over Barcelona at Celtic Park, they will take a lot of confidence into the match against the Serie A champions.
He added: "We have learnt a great lesson from our last match against Barcelona and I am confident that we will continue to improve as a team. We will surely be in the last eight with hard work and mother luck on our side."