The Champions League is one of the biggest competitions in club football and features some of the biggest teams in the world.
As well as securing the coveted silverware, clubs can also win large some of prize money by progressing through the tournament.
All 32 clubs are guaranteed money for competing, but the biggest prizes are reserved for the later stages of the tournament.
What is the Champions League prize money?
UEFA has confirmed that an estimated €1,318.9m is set to be distributed among the clubs participating in the Champions League and Super Cup during the 2017/18 season.
The 32 clubs in the group stage of the competition were given a guaranteed minimum amount of €12.7m, along with €1.5m for each win and €500k for each draw.
Prize money continues to escalate throughout the competition with quarter finalists gaining €6.5m and semi-final teams receiving €7.5m.
The runner-up team in the Champions League will receive €11m, with the winner being awarded €15.5m meaning a potential total of €57.2m in prize money for the eventual winner.
When and where is the 2018 Champions League final?
The final for the Champions League will take place on Saturday 26th May 2018
It will be held at the NSC Olimpiyskiy Stadium in Kiev, Ukraine.
Champions League winner odds
Manchester City – 3/1
PSG – 5/1
Barcelona – 11/2
Bayern Munich – 11/2
Real Madrid – 13/2
Liverpool – 14/1
Manchester United – 14/1
Juventus – 20/1
(Odds courtesy of Sky Bet)
UEFA Champions League 2018 – Round of 16 first-leg fixtures
Tuesday 13th February
Juventus v Tottenham
Basel vs Manchester City
Wednesday 14th February
Porto vs Liverpool
Real Madrid vs PSG
Tuesday 20th February
Bayern Munich vs Besiktas
Chelsea vs Barcelona
Wednesday 21st February
Sevilla vs Manchester United
Shakhtar Donetsk vs Roma