Arsenal saw a £60million bid for Ollie Watkins rejected by Aston Villa on Thursday, with Mikel Arteta refusing to rule out a move for the striker before the end of the January window

Arsenal boss Mikel Arteta has refused to be drawn on the club's chase of Aston Villa striker Ollie Watkins after his side's defeat of Girona in the Champions League on Wednesday night

Liverpool could possibly face the following four teams - PSG, Benfica, Monaco or Brest. Arsenal could possibly face the following four teams - AC Milan, PSV, Feyenoord or Juventus. Aston Villa could possibly face the following four teams - Atalanta, Borussia Dortmund, Sporting Lisbon or Club Brugge.

What are the paths for the four Premier League clubs competing for a place in the 2025 UEFA Champions League final at the Allianz Arena in Munich?

With the scores settled in the league phase of this season's Champions League, Arsenal and Liverpool now know their four potential opponents in the last 16. We'll be bringing you the very latest updates, pictures and video on this breaking news story.

Liverpool have won seven out of seven in the UEFA Champions League this season and only need a point at PSV to make sure of being the inaugural league-phase winners.