How many times will the Champions League knockout draw?

That's three times.

1 is the draw for the group stage. This draw draws 32 teams to enter the group stage. The 32 teams are divided into 8 groups with 4 teams in each group. According to the lottery results, determine the competition arrangement of the group stage.

2. The second draw is the knockout round. After the draw was completed, 16 team entered the knockout stage, 8 teams entered the 1/4 finals, 4 teams entered the semi-finals, 2 teams entered the finals, and finally decided the champion.

3. The last draw is the home and away draw of the final. After the draw, the home and away games of the final will be determined. After these three draws are completed, the schedule of the Champions League knockout has been determined and the team can start preparing for the game.