European champions Barcelona have drawn Inter Milan, Real Madrid have pulled AC Milan while Manchester United will take on German surprise package Wolfsburg, after the Champions League group stage draw was made.
Nine former champion clubs are through to the 32 team group stage which is split into eight groups of four.
Group A pits four-time champions Bayern Munich against two-time holders Juventus, French champions Bordeaux and Maccabi Haifa of Israel.
In Group B, Manchester United, European champions in 1968, 1999 and 2007 and beaten finalists last year, will go up against German champions Wolfsburg, Turkey's Besiktas and CSKA Moscow.
Real Madrid will have to joust with seven-time champions AC Milan in Group C.
Marseille, the only French side ever to lift the trophy, and outsiders FC Zurich of Switzerland complete the group.
Chelsea, the 2008 finalists and bidding for a first crown under former AC Milan handler Carlo Ancelotti are seeded in Group D where they meet two-time champions Porto, Atletico Madrid and Cypriots APOEL Nicosia.
Liverpool, who humiliated Real last season, will play in Group E along with French side Lyon, who have never been past the quarters, Fiorentina of Italy and Debrecen of Hungary.
Holders Barcelona will play in Group F along with Italian champions Inter, Dynamo Kiev and Russian champions Kazan complete the group.
Seville of Spain will compete in Group G alongside Glasgow Rangers, Germany's VfB Stuttgart, and Romanian champions Unirea Urziceni.
Arsenal were drawn in Group H alongside AZ Alkmaar of the Netherlands, Greek side Olympiakos and Belgium's Standard Liege.