Former England manager Steve McClaren s new Dutch side FC Twente will play Arsenal in the Champions League third qualifying round later this month.
McClaren, who was sacked from the England job after England s failure to qualify for Euro 2008, took over at FC Twente in June on a two year deal.
The 47-year-old s club are making their Champions League debuts after defeating Ajax in a play-off last season.
Past winners Liverpool face Belgian outfit Standard Liege while Rangers will come up against either Denmark s Aalborg or Bosnian outfit Modrica providing they first see off FBK Kaunas.
Irish champions Drogheda take on Spartak Moscow as long as they can reverse a 2-1 first leg deficit against Dynamo Kiev.
Atletico Madrid were drawn with Germany s Schalke 04 with France s former European champions Marseille up against either SK Brann or Ventspils.
The winners of the third qualifying round will go into the lucrative first group stage of Europe s top club competition.
Friday s draw was made at UEFA headquarters in Nyon.
Champions League Third qualifying round fixtures
Anorthosis Famagusta or Rapid Vienna v Olympiakos
Vitoria Guimaraes v IFK Gothenburg or Basel
Shakhtar Donetsk v Domzale or Dinamo Zagreb
Schalke 04 v Atletico Madrid
Aalborg or Modrica v Rangers or FBK Kaunas
Barcelona v Beitar Jerusalem or Wisla Krakow
Levski Sofia v Anderlecht or BATE Borisov
Standard Liege v Liverpool
Inter Baku/ or artizan Belgrade v Fenerbahce or MTK Budapest
FC Twente v Arsenal
Spartak Moscow v Drogheda or Dynamo Kiev
Juventus v Tampere United or Artmedia
SK Brann or Ventspils v Marseille
Fiorentina v Slavia Prague
Galatasaray v Steaua Bucharest
Panathinaikos or Dinamo Tblisi v Sheriff or Sparta Prague
1st legs August 12/13
2nd legs August 26/27.