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The Champions League semifinals are set, with two thrilling matchups set to decide which clubs will make their way to Budapest at the end of May.
The action-packed league phase now feels like a distant memory as the Champions League knockout stage nears its conclusion. Each round has seen major European clubs bow out, with Barcelona, Real Madrid and Liverpool the most recent sides to join Manchester City, Chelsea and Inter Milan on the sidelines.
Only four clubs remain in contention for the Puskás Aréna, a number that will be cut in half once the semifinals conclude. The Champions League's relentless format demands only the very best, and the surviving teams are preparing for the most important matches of their campaigns.
Here's everything you need to know about the semifinals of Europe's top club competition.
2025–26 Champions League Semifinals: Dates
The Champions League semifinals are fast approaching. Teams are given just one week away from European competition before they must fight for a spot in Budapest.
The first legs get underway in the final week of April, with the decisive second legs following one week later in the opening days of May.
Here's when the next stage of the tournament will take place:
2025–26 Champions League Semifinals: Format
As with the earlier knockout rounds, the remaining clubs will contest a two-legged tie, with the side holding the higher aggregate score over both matches progressing to the final.
Should the tie be level at the end of normal time in the second leg, extra time and potentially a penalty shootout will decide who advances. The away goals rule is no longer in play after UEFA scrapped it from all its competitions in 2021 in an effort to encourage home sides to take a more attacking approach.
One notable change from the quarterfinals to the semifinals involves yellow card accumulation. All bookings are wiped clean after the quarterfinals, meaning players need not worry about suspension for the second leg of the semifinals or a potential final.
The only way a player will be ruled out of either match is through a red card suspension.
2025–26 Champions League Semifinals: Teams
Of the original 36 clubs that took part in the league phase, only the following four are still in the running for European football's most coveted club prize:
Reigning champions Paris Saint-Germain cruised past Liverpool with a commanding 4–0 aggregate victory to book their place in the semifinals, keeping alive their bid to become just the second club ever to retain the title.
Atlético Madrid's quarterfinal clash with Barcelona was far more closely contested, but red cards in both legs for Hansi Flick's side worked in Los Colchoneros' favor, seeing them through 3–2 on aggregate.
Bayern Munich secured their spot with a dramatic 4–3 win over Real Madrid at the Allianz Arena. The German club put six goals past the 15-time European champions across the two legs combined.
Rounding out the final four are Arsenal. It was far from a polished display from the Gunners, but they won't mind. A late first-leg goal against Sporting CP proved enough to send Mikel Arteta's side through 1–0 on aggregate.