With the new season also comes a host of new and exciting prizes. Take a look below to see what you could be in with a chance to win.
The player with the most points at the end of the season will win a PlayStation®3, PlayStation®Vita and a PS Move.
5 x PlayStation 3's to be won - the ultimate gaming machine, opening a world of unparalleled entertainment for you and the whole family to enjoy.
13 x PS Vita's up for grabs - you can join the gaming revolution with PlayStation's latest portable entertainment system.
PS Move - putting incredible gameplay in your hands as your actions instantly come to life on-screen.
(round of 16, quarter-final, semi-final and final)
The player with the most points after the round will win a PlayStation 3.
The highest scoring manager for each UEFA Champions League matchday will win a brand new PS Vita.
Entry to this season's UEFA Champions League is free and the game is fun to play. So enter your team today and you could win some of these exciting prizes.
Even if you missed out on the matchday 1 deadline for UEFA Champions League Fantasy Football, you can still win big.
We know that many of you missed out on getting your teams in on matchday 1, so we are offering special bonus prizes just for players who sign up before matchday 2's deadline of 17.45 CET on 2 October (note the earlier time). The highest scoring player overall of all players who sign up for matchday 2 will win a €100 voucher to spend in the official UEFA Champions League store. And the winner of a random draw of all matchday 2 new players will receive another €100 voucher.
And, of course, all new players will be eligible for the matchday 2 prize of a PS Vita and all future matchday and round prizes from PlayStation.