Big-spending Manchester City face a glamorous clash with Italian giants Juventus in the Europa League group stage.
Roberto Mancini's side, who booked their place in the group phase with a 3-0 aggregate win over Romanian side Timisoara last night, can now look forward to taking on Juve, twice European champions and three times victors in this competition in its former guise as the UEFA Cup.
The Blues will also face Austrian champions Salzburg and Polish champions Lech Poznan in Group A.
Five-times European champions Liverpool have been drawn against 1986 European champions Steaua Bucharest in Group K, along with 1989 UEFA Cup winners Napoli and FC Utrecht, who knocked out Celtic in the play-offs last night.
Europa League holders Atletico Madrid, who defeated Fulham in the final when the London club were coached by new Liverpool boss Roy Hodgson, will take on Bayer Leverkusen, Norwegian champions Rosenborg and Greek side Aris.
Europa League Group Stage Draw:
Group A: Juventus, Man City, SV Red Bull Salzburg, Lech Poznan
Group B: Atletico Madrid, Bayer Leverkusen, Rosenborg, Aris Salonika
Group C: Sporting, Lille, Levski Sofia, AA Gent
Group D: Villarreal, Club Brugge, Dinamo Zagreb, PAOK Salonika
Group E: AZ, Dynamo Kiev, BATE, FC Sheriff
Group F: CSKA Moscow, Palermo, Sparta Prague, Lausanne
Group G: Zenit St. Petersburg, Anderlecht, AEK Athens, Hajduk Split
Group H: VfB Stuttgart, Getafe, Odense BK ,Young Boys
Group I: PSV, Sampdoria, FC Metalist, Kharkiv Debrecen
Group J: Sevilla, PSG, Borussia Dortmund, Karpaty Lviv
Group K: Liverpool, Steaua Bucuresti, Napoli, FC Utrecht
Group L: FC Porto, Besiktas, CSKA Sofia, Rapid Vienna.