Brendan Rodgers’ side qualified for Europe’s elite club competition after finishing a narrow second to Manchester City in the Premier League last season but their lack of recent Champions League experience means they will be placed in pot three alongside the likes of Ajax, Olympiakos and Sporting Lisbon.
|25/1||Liverpool are 25/1 with bet365 to win the Champions League|
A nightmare group could also contain French champions Paris Saint Germain and Serie A powerhouses Roma, while there is also the possibility of Liverpool facing 2013 runners-up Borussia Dortmund and big spending Ligue 1 side Monaco.
Arsenal, meanwhile, take their customary position in pot one after overcoming Besiktas - alongside their London rivals Chelsea – while Manchester City are in pot two having qualified for the knockout stages of the competition for the first time last season.
Pot 1 - Real Madrid, Barcelona, Bayern Munich, Chelsea, Benfica, Atletico Madrid, Arsenal, Porto
Pot 2 - Schalke, Borussia Dortmund, Juventus, Paris Saint-Germain, Shakhtar Donetsk, Basel, Zenit St Petersburg, Manchester City
Pot 3 - Olympiakos, CSKA Moscow, Ajax, Liverpool, Sporting Lisbon, Galatasaray
Pot 4 - Anderlecht, Roma, APOEL, BATE Borisov, Maribor, Monaco