Olympiakos drawn against Spanish, Italian and Swedish champions in CL

Malmo's Magnus Eriksson reacts after their Champions League playoff second leg soccer match against Salzburg.

Olympiakos will face the champions of Spain, Italy and Sweden in the group stages of Europe's top soccer tournament, the Champions League.

Thursday's draw in Monaco was not particularly kind to the Greek champion but Olympiakos coach Michel insisted that his team could qualify for the next round.

"There are two very dangerous teams in our group,» he said. «We knew before the draw took place that there were such dangers. The draw does not seem too bad to me. Atletico Madrid and Juventus will be favorites but I feel that we can really compete."

The opening games of the group stages will be on September 16 and 17. The groups are as follows:

Group A

Atletico Madrid (ESP)

Juventus (ITA)

Olympiakos (GRE)

Malmo (SWE)

Group B

Real Madrid (ESP)

Basel (SUI)

Liverpool (ENG)

Ludogorets (BUL)

Group C

Benfica (POR)

Zenit St Petersburg (RUS)

Bayer Leverkusen (GER)

Monaco (FRA)

Group D

Arsenal (ENG)

Borussia Dortmund (GER)

Galatasaray (TUR)

Anderlecht (BEL)

Group E

Bayern Munich (GER)

Manchester City (ENG)

CSKA Moscow (RUS)

Roma (ITA)

Group F

Barcelona (ESP)

Paris Saint-Germain (FRA)

Ajax (NED)

Apoel (CYP)

Group G

Chelsea (ENG)

Schalke 04 (GER)

Sporting Lisbon (POR)

Maribor (SLO)

Group H

Porto (POR)

Shakhtar Donetsk (UKR)

Athletic Bilbao (ESP)

BATE Borisov (BLR)

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