As Premier League winners last season, Liverpool are seeded in pot one for the draw alongside Bayern Munich, Sevilla, Real Madrid, Juventus, Paris Saint-Germain, Zenit St. Petersburg and FC Porto.
The Reds will be grouped with one team from each of the other three seeded pots, but cannot face a fellow English side at this stage of the competition.
There are therefore five confirmed potential opponents for Liverpool in pot two: FC Barcelona, Atletico Madrid, Shakhtar Donetsk, Borussia Dortmund and Ajax.
Their potential opponents from pots three and four respectively will be finalised once the play-off round concludes on Wednesday night.