The new format of the Champions League has delivered a masterclass in narrative irony. Following the conclusion of the league stage, the knockout playoff draw has served up a series of high-stakes rematches and logistical nightmares, none more prominent than Real Madrid being forced to run it back against their recent conquerors, Benfica.
In a move that feels scripted for television, Jose Mourinho will return to the Bernabeu. Just days after Benfica’s victory over Madrid pushed the 15-time winners out of the top eight, the two sides meet again.
This will be a massive test for Madrid's head coach Alvaro Arbeloa, who has faced heavy criticism for his start to life in the dugout.
Having already proven he has the quality to topple the Spanish giants this season, Mourinho will likely relish the chance to eliminate his former club entirely.
The defending champions, Paris Saint-Germain, find themselves in the playoffs after failing to secure a direct Round of 16 berth. They face domestic rivals AS Monaco in a tie they are expected to dominate, despite recent hiccups.
Monaco defeated PSG 1-0 in November, yet they are now struggling in 10th place in Ligue 1 and were recently thrashed 6-1 by Real Madrid.
Newcastle United have been drawn against Azerbaijan’s Qarabag FK. While Eddie Howe’s men are heavy favourites, the logistics are the real opponent.
A 5,000-mile round trip to Baku.
The away leg is sandwiched between an FA Cup fourth-round trip to Aston Villa and a Premier League clash at the Etihad against Manchester City.
Qarabag has historically struggled in England, losing all five previous visits by a combined score of 19-1.
Fans won't have to wait long for the drama to resume:
First Legs: February 17–18, 2026
Second Legs: February 24–25, 2026
Round of 16 Draw: February 27, 2026 (Including Quarter-final and Semi-final brackets)
| Seeded / Home (2nd Leg) | vs | Unseeded / Away (2nd Leg) |
|---|---|---|
| Real Madrid | vs | Benfica |
| Paris Saint-Germain | vs | AS Monaco |
| Inter Milan | vs | Bodo/Glimt |
| Juventus | vs | Galatasaray |
| Atalanta | vs | Borussia Dortmund |
| Bayer Leverkusen | vs | Olympiacos |
| Atletico Madrid | vs | Club Brugge |
| Newcastle United | vs | Qarabag |