Manchester United face a potentially testing trip to Bruges and Celtic will play Swedish side Malmö for a place in the Champions League proper...
"United are now priced at odds of 22.021/1 to go all the way and win the Champions League at the San Siro in May next year. Club Brugge are rank 1000.0 outsiders."
Manchester United's return to Champions League football will begin with a trip to the Jan Breydel Stadium where they will face Club Brugge. Michel Preud'homme's side finished top of the Belgian league last season - by four points - before losing out to Gent in the championship playoff.
The Belgian side entered the Champions League at the third qualifying stage where they overcame a first-leg 2-1 deficit to eventually beat Panathinaikos 4-2 on aggregate.
United are now priced at odds of 22.021/1 to go all the way and win the Champions League at the San Siro in May next year. Club Brugge are rank 1000.0 outsiders.
Scottish champions Celtic, meanwhile, will face Swedish champions Malmö for a place in the lucrative group stages. The Hoops have already negotiated their way through four games and two rounds, seeing off FC Stjarnan relatively comfortably in qualifying round two before a more testing 1-0 aggregate win against Qarabag of Azerbaijan.
Malmö entered the process at the same stage and have squeezed past Zalgiris Vilnius and Red Bull Salzburg to reach the playoffs. The Swedes, however, are enduring a slightly disappointing domestic campaign and currently languish in sixth place in the Allsvenskan table after 18 games played.
Celtic can be backed at a massive 710.0709/1 to win the Champions League, but it's fair to say that at this stage they'll simply be pleased to reach the group stages.
Away from these shores, Lazio will play Leverkusen and Sporting take on CSKA Moscow in a couple of mouthwatering battles, while Valencia face Monaco in what is arguably the tie of the round.
In the Europa League, Southampton's fate will be decided by a two-legged playoff tie against FC Midtjylland. Founded as recently as 1999, Midtjylland won their first ever Danish league title last season and enter the Europa League after losing out to Apoel Nicosia on away goals in the third Champions League qualifying round.
Ronald Koeman's men are available to back at odds of 25.024/1 to win the Europa League in their debut season in the competition.
Champions League Draw & Latest Odds
Champions League Playoff Draw: Man Utd v Club Brugges, Celtic v Malmo, Lazio v Leverkusen, Valencia v Monaco
Champions League Winner Odds: Barcelona 4.03/1, Bayern Munich 6.05/1, Real Madrid 6.611/2, Chelsea 9.417/2