Liverpool's name is going into the hat for the 2017/18 Champions League group stage and we'll be following the draw live in UEFA's annual complicated event.
The reds won 6-3 on aggregate against Hoffenheim and we've already had a look at the huge sums of money that LFC will be hoping to get their hands on - whilst us supporters aim for a 6th European Cup title.
There are 4 groups of teams in the Champions League seedings with the top group reserved for winners of the domestic leagues in the 8 top countries.
As a result, the likes of Barcelona and PSG, despite high European rankings in the previous 5 years start from pot 2 onwards.
Liverpool are in pot 3. Teams from the same country cannot face each other in the group stage.
As it happened...
Liverpool are back in the Champions League this season, thanks to last season's 4th placed finish and the two legged win over Bundesliga's 4th best side Hoffenheim.
The draw begins shortly and these are the teams in the draw (remember that we cannot face another English side).
The graphic below shows the six British clubs in yellow - but we could be drawn against Brendan Rodgers' Celtic.
Earlier today, thanks to computer power, we ran 1000 simulated UEFA draws and the most common group chosen for Liverpool was
But that is just one of around 259 potential group line-ups that the reds could face.
#LFC’s chance of drawing:— Anfield Online (@anfieldonline) August 24, 2017
Spanish club = 60.2%
German club = 38.2%
French club = 32.0%
Italian club = 17.8%
Barcelona = 17.4%
The draw is being held in Monaco this evening, alongside the annual UEFA player awards which will see the best keeper, defender, midfielder and forward from last season awarded prizes.
The likes of Sergio Ramos and Cristiano Ronaldo are in attendance at the event.
Liverpool came close to winning the Premier League title in 2013-14 - the season we last qualified for the Champions League.
But without Luis Suarez and in Brendan Rodgers first foray into the competition it didn't end well.
The reds won just one game, a narrow 2-1 win over Ludogorets at home and crashed out with a mere 5 points out of a maximum 18.
The 32 teams in this years Champions League have amassed 40 European Cup titles between them.
Pot 1 is the strongest with 22 trophies won by 5 teams.
Pot 2 contains 4 teams who have won the European Cup 11 times combined.
Pot 3 has only one former winner, Liverpool, with 5 European Cups.
And Pot 4 has two former winners, Celtic and Feyenoord who won a trophy apiece in 1967 and 1970 respectively.
Proceedings are under way and we are starting with Francesco Totti receiving the UEFA Presidents award in recognition of his "outstanding achievements, professional excellence and exemplary personal qualities"
He will be involved in assisting the draw later.
This season's Champions League final will be held in Kiev, Ukraine and Andriy Shevchenko is acting as a UEFA ambassador for his country.
The NSC Olympic Stadium had a capacity of around 64,000 for games during Euro 2012.
It's a slow start but the top seeds have been assigned their groups
Group A: Benfica
Group B: Bayern Munich
Group C: Chelsea
Group D: Juventus
Group E: Spartak Moscow
Group F: Shakhtar Donetsk
Group G: AS Monaco
Group H: Real Madrid
Monaco and Porto in Group G... might not be too bad for someone.
Atletico Madrid go in with Chelsea in Group C. Liverpool can't get that group.
Man Utd get one of the easier options.
They are in Group A with Benfica, Portugese champions.
Paris St Germain join Bayern Munich in Group B - already a tough looking group.
Man City join Shahktar Donetsk in Group F.
A: Benfica, Man Utd
B: Bayern Munich, PSG
C: Chelsea, Atlético Madrid
H: Real Madrid, Dortmund
E: Spartak Moscow, Sevilla
F: Shakhtar Donetsk, Man City
G: Monaco, FC Porto
D: Juventus, Barcelona
The reds will face Spartak Moscow and Sevilla.
A: Benfica, Man Utd, Basel
B: Bayern Munich, PSG, Anderlecht
C: Chelsea, Atlético Madrid, Roma
D: Juventus, Barcelona, Olympiakos
E: Spartak Moscow, Sevilla, Liverpool
F: Shakhtar Donetsk, Man City, Napoli
G: Monaco, FC Porto, Besiktas
H: Real Madrid, Dortmund, Spurs
A: Benfica, Man Utd, Basel, CSKA Moscow
B: Bayern Munich, PSG, Anderlecht, Celtic
C: Chelsea, Atlético Madrid, Roma, Qarabag
D: Juventus, Barcelona, Olympiakos, Sporting Lisbon
E: Spartak Moscow, Sevilla, Liverpool, Maribor
F: Shakhtar Donetsk, Man City, Napoli, Feyenoord
G: Monaco, FC Porto, Besiktas, RB Leipzig
H: Real Madrid, Dortmund, Spurs, Apoel
That concludes our live coverage of the draw.