Teams: 32, eight groups, top two teams in each group advance to the knockout rounds. (77 teams enter each year and there are four rounds of playoffs before the group stage.)
Group Stage: Six home-and-home games from September through December.
Knockout rounds: The first three rounds are two-leg home-and-home, beginning in mid-February, before the one-off final.
American Television: Fox Sports, played on Tuesday and Wednesday afternoon. Final is on a Saturday in May.
Semantics: Prior to 1992, the tournament was commonly referred to as the “European Cup” (not be confused with the European Championships, played by national teams), before changing to the Champions League.