The UEFA Champions League round of 16, quarterfinal and semifinal draws take place on Friday as Europe's leading soccer competition takes its final form for this season. The top eight teams from the league phase led by Liverpool and Barcelona qualified automatically for the round of 16 while eight teams have emerged from the knockout round playoffs which are part of this year's new format.

The new-look UEFA Champions League is about to reach the round-of-16 stage. But when does the draw take place, and when will the matches be played?   Here's how it all works. When is the draw for the round of 16?

The round-of-16 draw takes place on Friday, Feb. 21 at 6 a.m. ET/3 a.m. PT. These are the last 16 teams left, in alphabetical order:

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When is the Champions League last-16 draw? Date, start time and how to watch on TV - Everything you need to know about the draw for the next round of Europe’s premier cup competition

These sides join the teams that qualified by finishing in the top eight places of the inaugural league phase. From first place to eighth, these are: Liverpool, Barcelona, Arsenal, Inter, Atletico Madrid, Bayer Leverkusen, Lille and Aston Villa.

Following is the possible lineup for the Champions League last 16 ahead of Friday's draw: * Paris St Germain or Benfica will face Liverpool or Barcelona. * Club Brugge or Borussia Dortmund will face Aston Villa or Lille.