Manchester City face a blockbuster Champions League play-off tie against Real Madrid or Bayern Munich after scraping through the new league phase with a 3-1 victory over Club Brugge.

Arsenal, Manchester City, Liverpool and Aston Villa have learned their fates for the next stage of the Champions League following the conclusion of the league phase. Liverpool had already guaranteed a top-eight spot and a place in the last-16 having won their first seven games in this year’s competition.

The Champions League has been revamped for this season with the introduction of a league stage - and English clubs have already earned a significant sum.

Arsenal are closing in on a huge financial boost as the League Phase of the Champions League concludes this evening. The Gunners need just a point away at Girona to join Premier League rivals

The possible Champions League round of 16 opponents for Premier League sides have been revealed as Arsenal, Manchester City, Liverpool & Aston Villa qualify.

Arsenal, with a rotated squad, defeated Girona on the final day of the league phase to secure a round of 16 spot.

Arsenal take on Girona in their final Champions League group phase match of the season, knowing a draw or win will see them avoid the two-legged play-off stage.

Liverpool is the favorite to win the Champions League, with Real Madrid and Arsenal just behind them. Check out the latest odds here.