After Liverpool's exit in the quarter-finals, Arsenal are now the only English team left in this season's Champions League, despite six of them entering the tournament
And then there were four. The 2026 Champions League quarter-finals are history and less than a handful on teams remain on the road to Budapest.
Paris Saint-Germain, the holders, were first to book their ticket by thrashing Liverpool, coming away from Anfield with a deserved 4-0 victory on aggregate. Also on Tuesday, Atletico Madrid reached the semi-finals after a barnstorming clash with Barcelona, edging the tie 3-2 despite losing the second leg in their own back yard.
Then came two contrasting games on Wednesday. Leading 1-0 from the first leg, Arsenal narrowly got the job done with a goalless draw at home to Sporting Lisbon and will face Atletico in the semis.
Bayern Munich and Real Madrid, meanwhile, played out a classic. Two late goals from Bayern saw them book a mouth-watering tie with PSG, the winner of which will almost certainly go into this year's final at the Puskas Arena on Saturday, May 30 as favourites.
But who'll lift the trophy when all is said and done? Here, Mirror Football ranks the four semi-finalists in the latest edition of our power rankings.
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4. Atletico Madrid
After benefitting from two red cards and some controversial refereeing decisions, is fate on Atletico's side? Diego Simeone's men have been efficient in first legs and suspect in seconds to reach the semi-final stage for the fourth time in 12 years.
The good news is that unlike in 2014 and 2016, they can't possibly lose to Real in the final. The bad news is that in Arsenal, they'll face a team who are levels above both of their previous opponents - Barcelona and Tottenham - defensively.
It'd be a dream send-off for Antoine Griezmann if he finally got his hands on 'Big Ears', as the 35-year-old prepares to join Orlando City this summer. However, Atletico's victory over Barcelona last week remains their only win in six games, with their domestic form a concern to take into account.
Could this be the year? It's no insult to say that they go into the semi-finals as outsiders.
Who'll win the Champions League? Give us your prediction in the comments section.
3. Arsenal
That was close, wasn't it? Arsenal no longer look like the team who breezed through to the knockouts by finishing top of the table, beating both Bayern and Atletico along the way.
Whether it be down to fatigue or fear, Mikel Arteta's team have stagnated since they lost the Carabao Cup final to Manchester City, who they notably play in the Premier League this Sunday in a potential title decider. Although Arsenal thrashed Atleti 4-0 in October, it can't be forgotten that they also beat PSG in the league phase last season before losing to them in the semi-finals.
Will history repeat itself? It'll likely a war of attrition against a fellow defensive-minded outfit, but Arsenal are slight favourites, especially boasting home advantage in the second leg.
2. Bayern Munich
After finishing second behind Arsenal in the table, many predicted a final between the pair - and it could still easily happen. Vincent Kompany has taken Bayern up a notch this term and their attack, led by Harry Kane at the peak of his powers, is frightening.
The Bundesliga champions annihilated Atalanta in the round-of-16, but we saw chinks in their armour for the first time against Real. Manuel Neuer may've been outstanding at the Bernabeu, but his error on Wednesday was a reminder that he's no longer constantly reliable.
Of course, they're still a brilliant team with match-winners galore, and home advantage could prove vital for getting past PSG. But like the other semi-final, it's on a knife-edge.
1. PSG
They've been there, done it and got the t-shirt. PSG waited 55 years to be crowned champions of Europe and they don't look like giving up their title easily.
Growing into the tournament, just as they did last season, the French giants have looked stronger at every stage. Chelsea and Liverpool were both brushed aside, but Bayern - who beat them in November in Paris - should be a sterner test.
However, Luis Enrique and his players have the muscle memory, are nigh on unstoppable at their best, and know how to win an away second leg. We know Ligue 1 likes to help PSG, so expect their clash with Lorient between the two legs to be postponed.
It's tough to call but the holders are our favourites at this stage. One thing's for sure: there'll be plenty of drama along the way.