Manchester City will find out who they will face in the Champions League quarter-finals when the draw is made on Friday at 11:00 GMT.
City, the sole English club remaining in the competition, reached the last eight for the first time after beating Dynamo Kiev in the last 16.
They could face Barcelona, Real Madrid, Bayern Munich, Paris St Germain, Atletico Madrid, Benfica or Wolfsburg.
The Europa League draw – featuring Liverpool – takes place at 12:00 GMT.
Both draws are completely open, meaning there is no seeding and teams from the same country can face each other.
That raises the possibility of Champions League holders Barcelona being drawn against fierce rivals Real Madrid or Atletico Madrid.
And there is also the prospect of Manchester City coming up against Bayern, managed by Pep Guardiola, the man who will take charge at Etihad Stadium in the summer.
The quarter-finals will take place on 5-6 April and 12-13 April.
Liverpool’s 3-1 aggregate victory against Manchester United means they are the Premier League’s only representatives in the Europa League draw after Tottenham were beaten 5-1 on aggregate by favourites Borussia Dortmund.
Liverpool manager Jurgen Klopp was asked after his side’s game at Old Trafford whether he would like to face former club Dortmund in the next round.
“Dortmund – why would I want the world’s strongest team?” said the German. “But if we go there, we try to win. I’ve not really looked to see who got through, but I’m pretty sure there are no easy games anymore. It’s not too important. We have to be prepared and hopefully we are.”
Sevilla, winners of the competitions for the past two seasons, are still in contention after knocking out Basel. They are joined in the draw by Athletic Bilbao, Dortmund, Shakhtar Donetsk, Sparta Prague, Sporting Braga and Villarreal.
The Europa League quarter-finals will be played on 7 and 14 April.