UPDATE: The groups have been drawn.

Group A: Poland, Greece, Russia, Czech Republic.
Group B: Netherlands, Denmark, Germany, Portugal.
Group C: Spain, Italy, Ireland, Croatia.
Group D: Ukraine, Sweden, France, England.

Quick analysis: Group B wins the "Group of Death" moniker. Just bad luck for the Danes. By contrast, Russia is thrilled to be in a soft Group A.

Some great rivalries reignited: Spain vs. Italy and France vs. England on matchday 1. And Netherlands vs. Germany and Poland vs. Russia are tasty on matchday 2. What are your thoughts on the draw?

Live from the interesting-looking Palace of Arts in Kiev, Ukraine. Recall that Poland and Ukraine are co-hosting Euro 2012, the first major international soccer competition in Eastern Europe. Enhorabuena.

The four groups will be comprised of one team from each pot:

Pot One: Poland, Ukraine, Spain (maybe someone?), Netherlands.
Pot Two: Germany, Russia, Italy (Giuseppe Rossi), England.
Pot Three: Portugal, Croatia, Greece, Sweden.
Pot Four: France, Ireland, Denmark, Czech Republic.

Poland in pot one is arguably the weakest of the sixteen sides, but mind the home-field advantage. The same edge (practically) extends to Russia, probably the desired draw in pot two. Watch out for Portugal in pot three and a resurgent France in pot four(!). Talk about depth.

The draw is airing live in the U.S. on ESPNews. How times have changed. I'll be back with an update once the groups are set.