The draws for the remaining rounds of the competition will take place from 11am GMT on Friday March 18, with no seedings or country protection in place.
It means the Reds, who eliminated Internazionale 2-1 on aggregate in the last 16, can be paired with any of the following sides who have also progressed to the last eight.
- Bayern Munich
- Real Madrid
- Manchester City
- Atletico Madrid
- Benfica
- Villarreal
- Chelsea
Quarter-final ties are scheduled to be played on April 5/6 (first legs) and April 12/13 (second legs).