Celtic will feature in the Champions League this season for the second year in a row.
The Scottish Premiership giants will take on Bayern Munich, Paris Saint-Germain and Anderlecht in Group B.
Bayern and PSG are two of the strongest teams in Europe and are among the favourites for the Champions League this season.
Anderlecht are a good team, too, and Celtic are going to find it tough to get out of the group.
While Bayern have top-class players such as David Alaba, Thiago, Franck Ribery, Robert Lewandowski and Arjen Robben, PSG have signed Brazil international forward Neymar from Barcelona in the summer transfer window for a fee reported by BBC Sport to be worth £200 million.
The German and the French giants are the two favourites to progress to the last-16 stage from Group B, but Brendan Rodgers’s Celtic do stand a chance of finishing third and dropping to the Europa League.
Former Rangers midfielder Barry Ferguson has given his take on Celtic’s progress to the group stage of the Champions League, while ex-Liverpool striker Michael Owen and former Bayern star Owen Hargreaves have commented on the Hoops' chances of advancing to the knockout rounds.
Ferguson wrote in The Daily Record: “Have I been sitting here cheering on Celtic in Europe? No, but that doesn’t mean I cannot give credit for successfully negotiating those challenging qualification rounds for the second year in a row.
“Brendan Rodgers’s team looked wobbly for a 15-minute spell against Astana the other night and it’s a pressure we haven’t seen them under often enough in the domestic game.”
Hargreaves told BT Sport: “To get through that group, I think, is pretty unrealistic, I think, for the Celtic fans.”
Owen told BT Sport: “If you are looking at progressing, if you can beat Anderlecht twice, then all of a sudden, with your home form at Celtic Park, who would bet against them picking up points against Paris and Munich at home?
“You can’t see see it realistically away from home, but seven or eight points, and you might have a chance of qualifying.”