Celtic have a good chance of reaching the play-off round of the Champions League after being drawn against either HJK Helsinki or KR Reykjavik.
The Bhoys seem certain to be playing the Finnish side, as they thrashed KR 7-0 in the first leg of their second qualifying encounter earlier this week. Celtic edged past HJK 3-2 on aggregate in the 2000-01 UEFA Cup.
The first leg of this season's tie will be played at Celtic Park on 31st July.
Elsewhere Motherwell, who are only involved in the competition because of Rangers' demise, have been drawn to play Greek side Panathinaikos.
Stuart McCall's team finished third in last season's SPL but were handed a spot in the Champions League because of second-placed Rangers' financial implosion.
Other highlights of the draw include Dynamo Kyiv playing Feyenoord and FC Copenhagen meeting Club Brugge.
FC Basel, who helped to stop Manchester United progressing from the group stage of last season's competition, will play either Molde FK or FK Ventspils if they can build on their own 2-0 first-leg win against FC Flora Tallinn of Estonia.
Barcelona are 4.00 to win the 2012-13 Champions League, while Manchester United can be backed at 13.00, Paris St Germain at 17.00 and Bayern Munich at 15.00.
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