LaLiga is likely to miss out on an extra spot in the Champions League last season and could even lose a spot, meaning they could drop from five spots to three spots.

Barcelona and Atletico Madrid were both eliminated in the quarterfinals of the Champions League, while Real Madrid barely got past Manchester City.

LaLiga teams’ poor performances in Europe have exacerbated the financial gap to the much richer Premier League. Meanwhile, clubs from the Bundesliga, Serie A and Ligue 1 have caught up.

From 2006-2022, either Barca or Madrid won nine of 16 Champions League titles, which was more than clubs from all other countries combined.

Other Spanish teams including Valencia, Sevilla, Villarreal and Malaga all enjoyed deep runs in the Champions League during the 2010s.

At its peak position in 2019, La Liga had four teams in the top seven of UEFA’s club rankings, which are based on teams’ results in the five previous seasons of any of their competitions. Real Madrid were first, Barcelona second, Atletico were fourth and Sevilla were seventh. The top English side were Manchester City in sixth, while Arsenal were ninth and Liverpool were 11th.

The Premier League jumped ahead of LaLiga in 2021 after City defeated Chelsea in the 2021 final.

Madrid making the last four was at least a welcome boost for La Liga’s ranking, along with City and Arsenal’s quarter-final exits. Spain has 15.312 points so far this season. France has 15.250, England 16.875, Germany 17.214 and Italy 18.428.

Real Madrid defeated Manchester City 4-3 on penalties to become the fourth club in the semifinals of the 23-24 Champions League. Madrid joins Bayern Munich, Borussia Dortmund and Paris Saint-Germain.

Over the past 10 years, Madrid has reached the semifinals in all but two seasons.

Semifinal Ties

• Real Madrid vs. Bayern Munich (April 30 / May 8)

• Paris Saint-Germain vs. Borussia Dortmund (May 1 / May 7)

Manchester City has the most valuable collection of players in the world with a market value estimated at €1.27 billion, according to Tranfermarkt. City is not surprising one of the final eight clubs in the Champions League quarterfinals and are joined by their peers at the top of the same list.

1. Manchester City: €1.27 billion

2. Arsenal: €1.12 billion

3. Real Madrid: €1.04 billion

4. Paris Saint-Germain: €1.03 billion

5. Bayern Munich: €976.45 million

8. Barcelona: €853.50 million

21. Borussia Dortmund: €464.90 million

22. Atletico Madrid: €454.40 million

The clubs in the top-10 not to reach this stage all play in the Premier League as Chelsea rank sixth, Liverpool rank seventh, Tottenham Hotspur rank ninth and Manchester United at No. 10. 

Manchester United and Newcastle United were the Premier League's other two clubs to qualify for the Champions League this season, but both finished fourth during the group stage.

Real Madrid and Manchester City will meet in the quarterfinals of the Champions League. The two clubs met in the semifinals in each of the past two seasons with the winner of the tie ultimately winning the Champions League.

Champions League Quarterfinal Draw

• Arsenal vs. Bayern Munich

• Atletico Madrid vs. Borussia Dortmund

• Real Madrid vs. Manchester City

• Paris Saint-Germain vs. Barcelona

Champions League Semifinal Draw

• Atletico Madrid / Borussia Dortmund vs Paris Saint-Germain / Barcelona

• Arsenal / Bayern Munich vs. Real Madrid / Manchester City

Borussia Dortmund and Atletico Madrid secured the final two spots in the quarterfinals of the 23-24 Champions League. The draw for the round of eight will be on Friday, March 15th.

Quarterfinalists

• Arsenal

• Atletico Madrid

• Barcelona

• Bayern Munich

• Borussia Dortmund

• Manchester City

• Paris Saint-Germain

• Real Madrid

The Champions League group stage is complete with all four clubs from Spain advancing to the knockout rounds compared to three apiece from Germany and Italy and just two from England.

The draw for the round of 16 will take place on Monday.

Spain: Real Madrid, Barcelona, Atlético Madrid, Real Sociedad
Germany: Bayern Munich, Dortmund, RB Leipzig
Italy: Lazio, Inter Milan, Napoli
England: Arsenal, Manchester City
Denmark: Copenhagen
France: Paris Saint-Germain
Portugal: Porto
Netherlands: PSV Eindhoven

Manchester City enters the 23-24 Champions League as the favorites at +200, followed by Bayern Munich at +550 and Real Madrid at +750. City won their first Champions League last season.

Champions League Odds
Manchester City: +200
Bayern Munich: +550
Real Madrid: +750
Arsenal: +1000 
Paris Saint-Germain: +1400
Barcelona: +1400
Manchester United: +2000
Newcastle: +2200
Inter Milan: +2500
Napoli: +2500
Atletico Madrid: +2500
AC Milan: +3500
Benfica: +4000
RB Leipzig: +5000
Borussia Dortmund: +5000
Sevilla: +6500
Lazio: +6500
Real Sociedad: +8000
Porto: +8000
Union Berlin: +10000
Feyenoord: +10000
Celtic: +15000
Lens: +20000
PSV Eindhoven: +20000
Shakhtar Donetsk: +25000
Salzburg: +25000
Antwerp: +25000
Red Star Belgrade: +25000
Galatasaray: +25000
Young Boys: +25000
Braga: +30000
FC Copenhagen: +100000

The Champions League held their group stage draw for the 23-24 season on Thursday, headlined by a particularly challenging Group F featuring Paris Saint-Germain, Borussia Dortmund, AC Milan and Newcastle United. 

GROUP A: Bayern Munich, Manchester United, FC Copenhagen, Galatasaray
GROUP B: Sevilla, Arsenal, PSV Eindhoven, Lens
GROUP C: Napoli, Real Madrid, SC Braga, Union Berlin
GROUP D: Benfica, Inter Milan, FC Salzburg, Real Sociedad
GROUP E: Feyenoord, Atletico Madrid, Lazio, Celtic
GROUP F: PSG, Borussia Dortmund, AC Milan, Newcastle United
GROUP G: Manchester City, RB Leipzig, Red Star Belgrade, Young Boys
GROUP H: Barcelona, FC Porto, Shakhtar Donetsk, Royal Antwerp

Manchester City defeated Inter Milan 1-0 to win their first Champions League title.

Rodri scored for City in the 68th minute to give the clubs its treble, winning the Premier League, FA Cup and Champions League in the same season.

Since Pep Guardiola was hired by City in 2016, the club has won five Premier Leagues along with a number of domestic cups, but the Champions League had eluded him.

Sheikh Mansour attended just his second match since purchasing the club.

Manchester City defeated Real Madrid 4-0 to advance to the Champions League Final where they will play Inter Milan.

City and Madrid entered the matched with the tie at 1-1 on aggregate, but Bernardo Silva broke through in the 23rd minute and against in the 37th minute to give Pep Guardiola's side a comfortable lead.

An own goal from Eder Militao in the 76th minute put the match out of reach, while Julian Alvarez scored the fourth in stoppage time.

City has never won the Champions League and only reached the final once before when they lost to Chelsea in 2021. City will be heavy favorites against Inter Milan.