Bayern Munich will play defending champions PSG in the Champions League semi-finals, with the other matchup being Arsenal versus Atlético Madrid.

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Bayern Munich have been drawn against reigning champions Paris Saint-Germain in the Champions League semi-finals, setting up a two-leg tie between two of Europe’s most prominent clubs. Officials confirmed the first match will be played on April 28 in Paris, with the return leg scheduled for May 6 at Bayern’s stadium in Munich.
The semi-final will be decided on aggregate across both fixtures, with the overall winner advancing to the final. The draw places the German side against the current titleholders, creating one of the headline matchups of the knockout stage as both teams continue their pursuit of the competition’s top prize.
In the other semi-final, Arsenal will face Atlético Madrid for the remaining place in the championship match. As with the Bayern-PSG tie, that pairing will also be played over two legs, and the two aggregate winners will meet with the trophy at stake.
The final for the 2025/26 Champions League season is scheduled to take place in Budapest on May 30, according to the competition schedule referenced alongside the draw. The semi-final calendar means the finalists will be determined in early May, leaving a short runway between the second legs and the decisive match.
Beyond the sporting stakes, the semi-final lineup concentrates attention on major European football markets. Bayern’s meeting with PSG links two clubs with large international fan bases and significant commercial reach, while Arsenal’s tie with Atlético Madrid adds another cross-border contest between teams from major domestic leagues.
Several elements remain unknown from the draw details alone, including squad availability, match officials, and any operational arrangements around the fixtures. What is clear is the pathway: two legs in each semi-final, aggregate winners advancing, and a final in Budapest on May 30 to decide the champion.
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