The draw takes place in Switzerland this morning and the Reds will face either Juventus, Inter, AC Milan, Lyon or Leverkusen.
However, Rafael Benitez has no preference saying they will all make for difficult opponents.
He said: "We are into the knockout stages now and look forward to who we are going to play.
"I'm not concerned with who that will be because at this stage of the competition every team is a good team, they all have excellent qualities."