Champions League: Holders Real Madrid draw Schalke 04 in last 16 stage

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Real Madrid draw Schalke 04 in last 16 of Champions League

PSG vs. Chelsea and Manchester City vs. Barcelona arguably pick of last 16 ties

Bayern Munich to meet Ukraine's Shakhtar Donetsk

Last season's finalists Atletico face Bayer Leverkusen

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CNN  — 

Champions League holders and arguably Europe’s most in-form team Real Madrid were drawn against German side Schalke 04 in the last 16 of Europe’s most prestigious competition.

Real, which defeated city rival Atletico Madrid 4-1 in Lisbon last year to win “La Decima” – it’s 10th title – is attempting to become the first team to successfully defend the Champions League.

Two of England’s three clubs face tough ties, with Chelsea drawn against Paris Saint-Germain and Manchester City paired with Spanish giants Barcelona.

Arsenal were arguably handed an easier route to the quarterfinals after drawing France’s Monaco, which will see the London club’s manager Arsene Wenger return to the team he coached for seven years between 1987 and 1994.

Last season’s finalists Atletico will meet Bayer Leverkusen, while Italy’s Juventus drew Borussia Dortmund, with Bayern Munich – Germany’s fourth club in the last 16 – handed a tie against Shakhtar Donetsk.

Elsewhere Swiss side Basel will face Portugal’s Porto.

The 2015 final will be staged in Berlin’s Olympiastadion on June 6.

The first leg games will be played on February 17/18 and 24/25 , with the second legs scheduled for March 10/11 and 17/18.

On Friday Real Madrid extended their winning streak in all competitions to a remarkable 20 games with a 4-1 away win over Almeria.