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.
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