Champions League group drawing
Group A
Olympiakos
Liverpool
AS Monaco
Deportivo La Coruna
Group B
Real Madrid
AS Roma
Bayer Leverkusen
Dinamo Kiev
Group C
Bayern Munich
Juventus
Ajax
Maccabi Tel Aviv
Group D
Manchester United
Lyon
Sparta Prague
Fenerbahce
Group E
Arsenal
Panathinaikos
PSV Eindhoven
Rosenborg
Group F
Barcelona
AC Milan
Celtic
Shakhtar Donetsk
Group G
Valencia
Inter Milan
Anderlecht
Werder Bremen
Group H
FC Porto
Chelsea
Paris St Germain
CSKA Moscow
Pretty good draw for Liverpool, Monaco won't be the same without Morientes (though still a good team) and Deportivo had to struggle against Shelbourne to get through. If they play to their potential they should go through.
Real vs Roma, Walter Samuel back against his former club
Bayern, Juve and Ajax in the same group

At least one big team will be out by the end of the group stages.
Pretty straightforward group for Man United and Arsenal, can't see too many problems there.
Tough break for Celtic, though they did beat Barcelona at the Nou Camp last year, and Milan aren't invincible either. Larsson playing against his old club
Valencia and Inter should get out of G pretty easily
Mourinho going back against Porto