Arsenal reached the Europa League quarter-finals after beating AC Milan 5-1 on aggregate over the two legs.
The Gunners beat the Italians 2-0 in Milan and 3-1 at the Emirates to cruise through to the next stage.
The North London based outfit would face one of seven sides in the next stage with the toughest draw on paper being Atletico Madrid. Lazio, Sporting Lisbon, Marseille and Red Bull Leipzig could offer stiff opposition as well.
Arsenal would probably be most keen on drawing Salzburg or CSKA Moscow but it is worth highlighting that the Russians knocked out one of the competition favorites, Lyon, in the Last 16.
Winning the Europa League title is the best chance Arsenal have of booking a place in the Champions League next season.
The draw will take place today at the UEFA headquarters in Nyon, Switzerland.
UEFA Europa League final ambassador Éric Abidal will help conduct the draw.
Who is in the draw?
Arsenal (ENG)
Atlético Madrid (ESP)
CSKA Moskva (RUS)
Lazio (ITA)
Leipzig (GER)
Marseille (FRA)
Salzburg (AUT)
Sporting CP (POR)
The four remaining round of 16 winners will be confirmed after Thursday’s second legs.
The Dates:
Quarter-finals: 5 & 12 April
Semi-final draw: 13 April
Semi-finals: 26 April & 3 May
Final: Wednesday 16 May, Stade de Lyon, Lyon
