The 2026-27 UEFA Champions League league phase draw, held in Monte Carlo on August 27, assigned eight opponents to each of the 36 participating clubs. Two-time defending champions Paris Saint-Germain will face Barcelona, Manchester City, and Aston Villa, while last season’s runners-up Arsenal will meet Real Madrid, Bayern Munich, and Borussia Dortmund. The new format, in its third edition, sees teams play four home and four away matches between September 8 and January 27. The top eight finishers advance directly to the round of 16, while teams ranked ninth to 24th enter a playoff round. Four clubs are making their debut in the main competition: Como, LASK, Viking, and Sabah. The final is scheduled for June 5, 2027, at the Metropolitano Stadium in Madrid.