( CNN ) -- Champions League holders and arguably Europe 's most in-form team Real Madrid were drawn against German side Schalke 04 in the last 16 of Europe 's most prestigious competition . Real , which defeated city rival Atletico Madrid 4-1 in Lisbon last year to win `` La Decima '' -- it 's 10th title -- is attempting to become the first team to successfully defend the Champions League . Two of England 's three clubs face tough ties , with Chelsea drawn against Paris Saint-Germain and Manchester City paired with Spanish giants Barcelona . Arsenal were arguably handed an easier route to the quarterfinals after drawing France 's Monaco , which will see the London club 's manager Arsene Wenger return to the team he coached for seven years between 1987 and 1994 . Last season 's finalists Atletico will meet Bayer Leverkusen , while Italy 's Juventus drew Borussia Dortmund , with Bayern Munich -- Germany 's fourth club in the last 16 -- handed a tie against Shakhtar Donetsk . Elsewhere Swiss side Basel will face Portugal 's Porto . The 2015 final will be staged in Berlin 's Olympiastadion on June 6 . The first leg games will be played on February 17/18 and 24/25 , with the second legs scheduled for March 10/11 and 17/18 . On Friday Real Madrid extended their winning streak in all competitions to a remarkable 20 games with a 4-1 away win over Almeria .
Real Madrid draw Schalke 04 in last 16 of Champions League . PSG vs. Chelsea and Manchester City vs. Barcelona arguably pick of last 16 ties . Bayern Munich to meet Ukraine 's Shakhtar Donetsk . Last season 's finalists Atletico face Bayer Leverkusen .