UCL Semi-Final Preview: PSG vs Bayern and Atletico vs Arsenal

Four teams. Two nights. One final in Budapest on 30 May. The Champions League semi-finals are here and the draw could not have delivered better matchups. The defending champions PSG against the most in-form team in Europe in Bayern Munich. And Diego Simeone’s reinvented Atletico Madrid against an Arsenal side chasing their first ever European crown. Here is everything you need to know about both first legs.

PSG vs Bayern Munich

Tuesday 28 April, Parc des Princes, 21:00 CET

This is the game of the semi-finals and quite possibly the game of the season. Paris Saint-Germain, the reigning European champions who won last year’s final 5-0 against Inter Milan, host Bayern Munich, the most dominant side in Europe across 2025-26. Between them they have scored an extraordinary number of goals this season. Bayern have found the net in eleven of their twelve Champions League games this campaign. PSG have scored two or more goals in each of their last eight knockout stage games, a record that matches Barcelona’s extraordinary run between 2015 and 2016. When two sides with that kind of firepower meet at the Parc des Princes, the logical conclusion is that it will be quite a night.

Bayern arrive in Paris having won their last five Champions League games against PSG, their longest ever winning streak against any opponent in the competition. They beat the French champions 2-1 in the league phase back in November thanks to two Luis Diaz goals, and they come in on the back of a dramatic 4-3 win over Real Madrid in the quarter-final second leg that had the entire footballing world talking. Harry Kane, who has scored in each of his last four knockout stage games, has 53 goals in 45 appearances across all competitions this season. If he scores here he will equal Robert Lewandowski’s record for the longest scoring streak by a Bayern player in Champions League knockout football.

There is one significant subplot heading into this first leg. Bayern manager Vincent Kompany has been suspended after picking up his third yellow card of the tournament against Real Madrid. His assistant Aaron Danks will take the technical area. Kane spoke warmly about the situation before the game: “Everyone knows what needs to be done, even if the boss isn’t on the sideline.” It is the kind of calm authority that defines this Bayern squad right now.

PSG are not without their own complications. Vitinha, their key central midfielder, has been a doubt with a heel issue, while Desire Doue and Nuno Mendes both hobbled off in the quarter-final second leg against Liverpool but have been named in the squad. Fabian Ruiz played 45 minutes in PSG’s last league game and is working his way back to fitness. Luis Enrique has described his side as relishing the challenge: “We have a tough schedule, but we love having it.” That attitude, combined with the noise of the Parc des Princes, makes PSG genuinely dangerous at home.

The expected starting lineups reflect two sides built to dominate with the ball. PSG are likely to go with Safonov in goal, Hakimi and Nuno Mendes at fullback, Marquinhos and Pacho in central defence, Zaire-Emery, Neves and Ruiz in midfield, and the front three of Doue, Dembele and Kvaratskhelia. Bayern should line up with Neuer, Stanisic, Upamecano, Tah and Laimer across the back four, Kimmich and Pavlovic holding midfield, and the devastating front five of Olise, Musiala, Diaz and Kane. Two of the most attack-minded managers in world football going head to head, neither willing to concede the initiative. Goals are not just possible here. They are close to certain.

Our prediction: PSG 2-2 Bayern Munich. Too much quality on both sides for either to dominate entirely. A draw sets up a brilliant second leg in Munich next week.

Atletico Madrid vs Arsenal

Wednesday 29 April, Estadio Metropolitano, 21:00 CET

The second semi-final is a different kind of game entirely. Where PSG versus Bayern promises chaos and goals, Atletico Madrid versus Arsenal at the Metropolitano carries the weight of two contrasting philosophies about to collide at one of the most hostile venues in European football.

Arsenal are the only unbeaten team left in this season’s Champions League. They topped the league phase with eight wins from eight games, scoring 23 goals and conceding just four. They beat Atletico 4-0 at the Emirates in the league phase in October, a result so one-sided it almost felt like a warning. Mikel Arteta’s side are also nine points clear at the top of the Premier League, playing with the confidence of a team that has finally learned how to win in different ways. They grind out 1-0s when they have to. They destroy teams when they can. They are the most complete Arsenal side in a generation.

And yet the Metropolitano is a different world from the Emirates. Atletico have lost just two of their last eighteen home games against English clubs in Madrid. They knocked out Tottenham 7-5 on aggregate and eliminated Barcelona 3-2 in the quarter-finals in two of the most intense nights of this season’s competition. Julian Alvarez has scored nine goals and registered six assists in thirteen Champions League games this season, making him Atletico’s all-time top scorer in a single edition of the tournament. He is reportedly a doubt with minor discomfort but is expected to start.

Diego Simeone’s side are also a very different team from the defensive unit they once were. They have scored 34 goals in this season’s Champions League, the most in the club’s history and significantly more than their previous best of 26 in the 2013-14 campaign. They are still defensively solid but they are no longer content to just survive. The free-kick from Alvarez that won the first leg against Barcelona at the Camp Nou was the kind of moment that only arrives when a team has complete belief in its own quality. That belief is real and it will be felt on Wednesday night.

Arsenal have their own injury concerns. Jurrien Timber is still recovering from a groin problem. Mikel Merino is out until late May, ruling him out of both legs. Kai Havertz walked off in the first half against Newcastle but Arteta was cautious rather than alarmed about the severity. Eberechi Eze came off as a precaution in the same game. The good news is that Bukayo Saka has returned from his injury and is expected to start. Viktor Gyokeres, who scored against Atletico in the league phase, leads the line.

Atletico are missing Pablo Barrios through hamstring injury and Jose Gimenez with a muscle problem. Ademola Lookman and David Hancko are doubts. Simeone will likely set up in his trusted 4-4-2 with Alvarez and Sorloth up front, De Paul and Gallagher energetic in midfield and Griezmann playing behind the strikers. It is a system built to suffocate space and then explode on the counter, and the Metropolitano crowd makes it twice as difficult to break down.

Arsenal’s recent record against Spanish opposition is worth noting. They have won each of their last seven Champions League games against La Liga sides. They have lost just one of their last eleven Champions League away games. But they were beaten by Atletico in the 2017-18 Europa League semi-final, losing 1-0 in this same stadium. Simeone will not let his players forget that.

Our prediction: Atletico Madrid 1-1 Arsenal. Alvarez scores, Gyokeres equalises. A draw that keeps everything alive for the second leg at the Emirates.

The Road to Budapest

The Champions League final takes place at the Puskas Arena in Budapest on 30 May. The winner of PSG versus Bayern will face the winner of Atletico versus Arsenal. All four clubs are chasing their first European title in at least a decade, with PSG the reigning holders defending the trophy they won for the first time in their history last season. Bayern’s last Champions League triumph was in 2020. Arsenal have never won it. Atletico have never won it either, despite reaching the final in 2014 and 2016.

Across the next two weeks, across four legs of football in four of the most intense atmospheres in club football, the finalists will be decided. After a quarter-final round that gave us 4-3 thrillers, controversial red cards, keeperr howlers and scenes of genuine madness, the semi-finals have an enormous act to follow. Based on the quality of the teams involved, they are more than capable of delivering.