Liverpool are not in the Champions League draw unfolding on Jan. 31 and must wait to find out their knockout stage opponents.

Top of the Champions League table and into the last 16 with the most money banked. This was the perfect return to Europe’s elite competition for Liverpool, setting up Arne Slot’s side for a crack at lifting the trophy for a seventh time and significantly boosting the club’s balance sheet.

Liverpool's 3-2 defeat to PSV in the final league phase game of the Champions League did not prevent them from finishing top of their group and they have pocketed a huge sum of money as a result

Manchester City face a blockbuster Champions League play-off tie against Real Madrid or Bayern Munich after scraping through the new league phase with a 3-1 victory over Club Brugge.

Arsenal blew the defending champions away with four second-half goals at the Emirates to remain within six points of leaders Liverpool

Overcoming Liverpool's advantage atop the table won't be easy, but Sunday's display shows Gunners are up for the challenge