The draw was made this morning.
Should Rangers overcome Servette they will play the winner of the PSV v Sturm Graz tie.
Sturm are second in the Austrian Bundesliga with full points from just two games played so far.
Most Read on FollowFollow.com The FollowFollow.com Friday Preview – Hearts at Home Dessers Departs – A look back at Cyriel In The Eye Of The Storm – Rangers 0-0 Celtic
PSV are very well known to Rangers fans with some fantastic games over the years.
The Eredivisie kicks off this weekend. Last season, PSV finished second to Feyenoord.