The draw in Nyon is split into two sections, a champions and a non-champions pot, Celtic will find themselves in the champions side while Arsenal will see themselves in the other half made up of non-champions.
The North London side can expect a tough draw no matter what happens as they could face the likes of PSV Eindhoven, who knocked them out back in the 2007 first knockout round, Fenerbache, Metalist Kharkhiv, debutants Pacos de Ferreira and Real Sociedad.
Arsenal will hope to avoid trips to Kharkiv and Istanbul as both can be notoriously hard, especially the Turkish side, to play against in front of their home fans. A win would see Arsenal enter the group stage draw for the 16th time in a row and competing in it in every full season of Arsene Wenger's management.
None of these ties will be easy and Arsene Wenger will be looking pass through this phase untroubled as he looks to bring in reinforcements for his squad for the coming season with the idea of finally winning the trophy that has alluded him so far throughout his career.
Meanwhile Scottish Champions Celtic will be looking to qualify and continue their European exploits which saw them defeat Barcelona at Celtic Park last season.
The potential opponents for the Hoops don't include the same familiar names as Arsenal's but they could still face some tough trips to Eastern Europe. Austria Vienna, Legia Warsaw, Maribor (Slovenia), Ludogorets Razgrad (Bulgaria) and Shakhter Karagandy (Kazakhstan) are waiting for a crack at the one time European Champions.
Who would you like to draw? Who are you hoping to avoid?
image: © El Ronzo