The Champions League holders won 4-2 on penalties after the two rivals played out an enthralling 2-2 draw over two legs

The Champions League quarterfinals bracket was set Wednesday, and it sends Real Madrid and Paris Saint-Germain toward more English teams standing in their path of the title. Madrid's beat city rival Atletico Madrid in a penalty shootout in the round of 16 on Wednesday — after Atletico's 1-0 win tied the aggregate score at 2-2 — having already eliminated Manchester City in the new knockout playoffs round last month.

Atletico Madrid's Julian Alvarez has a penalty dramatically ruled out in the shootout as Real Madrid edge out their city rivals to reach the quarter-finals.