Liverpool will come up against Porto at Anfield in the first leg on April 9 before meeting them a week later in Portugal.
Out of the eight teams left in the draw, it was a widely held view that Porto or Ajax would be the most desired tie for the bigger teams.
If Liverpool get through their quarter finals with the Portuguese side, they will play Barcelona or Manchester United, their biggest rivals.
And naturally, Liverpool fans are already thinking of another trip to a European final.
Here are some of the best responses to their Porto draw:
One simply laughed at the satiation, tweeting: “HAHAHAHAHAHAHAHAHA YESSSS.”
Another one tweeted with a more serious approach: “Porto ain’t ready…”
One said: “I didn’t say it would be easy, mate. But it’s better than the likes of Barca or juve.”
Another one went with: “Couldn’t have asked for a better draw.”
Another tweeter sounded reasonably happy, tweeting: “Thank you god for this.”
One said: “Pleased with this. Let’s do this, reds!”
Another simply went with: “We got this YNWA.”
Another one referenced Liverpool’s win over Porto in last year’s competitionL, writing: “WIN IT 5-0.”
One celebrate like Cristiano Ronaldo would: “SIIIUUUU FINALS AGAIN.”
Another wrote that Porto were in for a tough tie: “We will make them SUFFER.”
Another agreed: “Got the best of that draw hands down.”
And finally, in true Reds style, one noted that both the Champions League and Premier League would be heading to Anfield this season, writing: “Liverpool will take both trophies.”