Paris Saint-Germain are chasing history with a third straight Champions League crown, having already crushed Arsenal on penalties and dominated Inter Milan. But 35 other elite clubs are ready to stop them. The 2026–27 draw hits Thursday, August 27, at UEFA’s Nyon HQ — live-streamed for all. Six English, five Spanish, and four each from Germany, Italy, and France teams are locked in, with the final six spots decided by August playoffs. A new league phase format kicks in: all 36 teams play eight matches across pots, with top eight straight to knockout rounds — and teams 9–24 battle for the rest. The season starts September 8, ends January 27, 2027, with the final at Estadio Metropolitano on June 5.
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