While the draw will, most notably, set the matchups for the quarterfinal round with just eight teams remaining at that stage, it will also set the bracket for the remainder of the competition.
At this point, with the Round of 16 yet to be completed, it's unclear which sides will be included in the Champions League quarterfinal draw.
While UEFA has a rule that establishes that no teams from the same country can match up in the Round of 16, that rule is only in place for that round of the competition.
In the Round of 16, teams that finish first in their group can only match up with teams that finished second in their group, earning those group winners the chance for a more favorable matchup.
Then the two teams that will play for the UEFA Champions League title will have 24 days of preparation and buildup to the May 28 final in Saint Petersburg, Russia.