Real Madrid director of institutional relations, Emilio Butragueno has reacted to the draw against high flying Paris Saint-Germain.
The defending Champions were runner-up in the group that contains Tottenham Hotspur, Borussia Dortmund and APOEL Nicosia, but the holders were unable to top the group and finished second to Tottenham Hotspur.
Butragueno told beIN Sport
: "We will meet them in the last 16, which is a bit early, we could say. Logically we are both challengers for the trophy."
The two clubs were paired in the group stage two seasons ago when Rafa Benitez's Madrid was outplayed for spells in both games but drew 0-0 away and won 1-0 at home.
UEFA CL round of 16 Madrid draws PSG
"Each summer they have brought enormous players and are getting stronger all the time," Butragueno added. "They had almost perfect group stage. They have great power up front with Neymar and Mbappe.
"We must trust in our players, who know how to play this type of game. Hopefully, we arrive with a full squad and have the fortune that you always need in this sort of tie. We will see how we arrive at the games.
"This is the biggest tie of the round. For the players who will be on the pitch, it will be the most entertaining of all."