This is where the UEFA Champions League gets good. The knockout rounds of the 2022/23 competition featuring the cream of the crop got started with the Round of 16 in February.
The Round of 16 draw on Monday, November 7 did not disappoint. It matched up each of the group winners against one of the group runners-up and it served up some real treats with Real Madrid vs. Liverpool among the biggest ties. That’s a rematch of the 2022 final.
All eyes were also on PSG’s Round of 16 fate and they face a daunting comeback task against Bayern Munich in Leg 2. They’ll be hoping to avoid a repeat of last season when their bid for their first Champions League trophy ended at the Round of 16 stage after a difficult draw, losing out to eventual champions Real Madrid.
Club Brugge’s chances of springing yet another surprise seem remote against Benfica after the first leg, while Antonio Conte’s Tottenham Hotspur will need a bounce-back match in the second leg of their tie with the Italian manager’s old Serie A foe AC Milan.
MORE: Champions League Round of 16 draw in full
Champions League Round of 16 schedule
All Round of 16 matches will be played at 21:00 CET / 20:00 BST / 15:00 ET. There will be a slight shift in time for the USA when daylight savings begins in that country on March 12, two weeks ahead of Europe.
Note that if the first leg of a matchup was scheduled by UEFA to be played on a Tuesday, the second leg has been scheduled for a Wednesday, and vice-versa.
The eight group winners will have the benefit of playing the second leg at home, enjoying home-field advantage in the case that the series goes to extra time.
Round of 16 — 1st Legs
| Date | Match | Time (BST / ET) |
| Tues, Feb. 14 | AC Milan 1-0 Tottenham | Highlights |
| Tues, Feb. 14 | PSG 0-1 Bayern Munich | Highlights |
| Wed, Feb. 15 | Club Brugge 0-2 Benfica | Highlights |
| Wed, Feb. 15 | Borussia Dortmund 1-0 Chelsea | Highlights |
| Tues, Feb. 21 | Liverpool 2-5 Real Madrid | Highlights |
| Tues, Feb. 21 | Eintracht Frankfurt 0-2 Napoli | Highlights |
| Wed, Feb. 22 | RB Leipzig 1-1 Manchester City | Highlights |
| Wed, Feb. 22 | Inter Milan 1-0 FC Porto | Highlights |
Round of 16 — 2nd Legs
| Date | Match | Time (BST/ET) |
| Tues, March 7 | Benfica vs. Club Brugge | 20:00 / 15:00 |
| Tues, March 7 | Chelsea vs. Borussia Dortmund | 20:00 / 15:00 |
| Wed, March 8 | Tottenham vs. AC Milan | 20:00 / 15:00 |
| Wed, March 8 | Bayern Munich vs. PSG | 20:00 / 15:00 |
| Tues, March 14 | Manchester City vs. RB Leipzig | 20:00 / 16:00 |
| Tues, March 14 | FC Porto vs. Inter Milan | 20:00 / 16:00 |
| Wed, March 15 | Real Madrid vs. Liverpool | 20:00 / 16:00 |
| Wed, March 15 | Napoli vs. Eintracht Frankfurt | 20:00 / 16:00 |
MORE: Prize money breakdown for the 2022/23 Champions League
Champions League live streams, TV channels
Below are the TV and streaming destinations for UEFA Champions League matches in select regions around the globe:
| TV Channel | Streaming | |
| Australia | — | Stan Sport |
| Canada | — | DAZN |
| Hong Kong | beIN Sports | beIN Sports Connect |
| India | Sony TEN | Sony LIV, JioTV |
| Malaysia | beIN Sports | beIN Sports Connect |
| New Zealand | — | Spark Sport |
| Singapore | beIN Sports | beIN Sports Connect |
| UK | BT Sport | BT Sport site/app |
| USA | CBS Sports Network, CBS, Univision, TUDN UniMas |
fuboTV, Paramount+, ViX, ViX+ |
Australia: Fans in Australia can stream all Champions League matches live and on demand on Stan Sport.
Canada: Every Champions League match in Canada can be streamed exclusively on DAZN.
UK: The UEFA Champions League is carried by BT Sport’s TV and streaming platforms.
USA: Fans in the USA can watch the Champions League in English (CBS and Paramount+) and Spanish (Univision, TUDN, UniMas, ViX and ViX+).
When matches are televised on CBS or Univision channels, those same channels are streamed on fuboTV, which is available on a free trial for new users.
MORE: Final group standings for the 2022/23 Champions League
When is the UEFA Champions League quarterfinal draw?
Once we have the final eight teams left standing after the Round of 16, the Champions League quarterfinal draw will take place on Friday, March 17, 2023.
That day, the draw will also take place for the semifinals and final so that every club will know its path to the title.
It’s worth noting that beginning with the quarterfinal draw, country restrictions disappear and any team can be drawn against any other, including those from the same nation.
Six of the eight quarterfinalists from last season’s edition have a chance to reach the final-eight stage for a second season in a row when they play in the Round of 16: Bayern Munich, Benfica, Chelsea, Liverpool, Manchester City, Real Madrid
MORE: When is the 2023 UEFA Champions League final?
Champions League schedule for knockout rounds
With a mid-season men’s FIFA World Cup tournament and the resulting scheduling congestion, the rest of the 2023 Champions League knockout schedule will stretch out until June.
The current schedule contemplates one round of knockout matches every month between April and June to take us from the quarterfinals to the final at the Ataturk Olympic Stadium in Istanbul, Turkey.
- Quarterfinals: April 11/12 (1st Leg), April 18/19 (2nd Leg)
- Semifinals: May 9/10 (1st Leg), May 16/17 (2nd Leg)
- Final: Saturday, June 10
No away goals in Champions League
The away goals tiebreaker which had been a feature of the tournament’s knockout rounds since 1965 was abolished for the 2021/22 edition with UEFA citing sporting justice among other reasons.
If teams are level on total goals scored after the conclusion of the second leg, then a 30-minute extra time period will be played with a penalty shootout used to determine a winner if the deadlock persists.
There were only two knockout round matchups that needed extra time in 2021/22 and both featured eventual champion Real Madrid.
The Spanish champions needed extra time to knock off English foes Chelsea (quarterfinals) and Manchester City (semifinals) before taking care of Liverpool in the final in regular time.
Who will win the 2023 Champions League? Latest odds
Manchester City are the betting favorites, with Bayern Munich right behind them. It seems like the market believes those two teams are far and away the two best sides in the competition.
PSG are also considered a top side, but their standing as a group runner-up sees them in third. Liverpool are fourth-favorites despite struggles domestically in the Premier League, while defending champions and La Liga leaders Real Madrid are fifth, still not earning respect for last year’s title charge.
Odds via BetMGM (USA), Sports Interaction (Canada), SkyBet (UK), and Ladbrokes (Australia). Odds listed below as of November 7, 2022.
| Club | BetMGM (USA) |
Sports Interaction (Canada) |
SkyBet (UK) |
Ladbrokes (Australia) |
|---|---|---|---|---|
| Man City | +175 | 2.25 | 13/8 | 3.00 |
| Bayern Munich | +550 | 6.12 | 13/2 | 6.50 |
| PSG | +800 | 7.70 | 9/1 | 8.00 |
| Liverpool | +900 | 7.80 | 9/1 | 8.00 |
| Napoli | +1000 | 10.09 | 12/1 | 15.00 |
| Real Madrid | +1100 | 10.07 | 12/1 | 11.00 |
| Chelsea | +1400 | 11.70 | 14/1 | 15.00 |
| Tottenham | +1400 | 13.26 | 16/1 | 21.00 |
| Benfica | +2000 | 18.38 | 25/1 | 29.00 |
| Inter Milan | +3300 | 25.93 | 33/1 | 41.00 |
