This sets up Real Madrid final against Borussia Dortmund, who knocked out Paris Saint-Germain in the other semi-final.
Chile midfielder Arturo Vidal has completed his transfer from Juventus to Bayern Munich by signing a four-year contract with the Bundesliga champions.
A lacklustre Bayern Munich needed a long-range goal from Spaniard Xabi Alonso to secure a 1-0 victory over Darmstadt 98 on Tuesday that put them into the quarter-finals of the German Cup.
Bayern Munich and Arsenal meet in their big-name Champions League round of 16 first leg on Wednesday, both hoping European success will help lift mid-season gloom on their domestic fronts.
Bayern Munich's shock 2012 Champions League defeat in Munich was a dark chapter in the club's history but it sowed the seeds for their fifth European triumph at Wembley stadium on Saturday.
Bayern Munich midfielder Bastian Schweinsteiger will be out for up to six weeks after breaking his collarbone in the 3-2 Champions League win over Napoli on Wednesday, the club said.
Borussia Dortmund have started transfer talks with Bayern Munich over attacking midfielder Mario Goetze's possible return to Westfalenstadion, according to a media report. Goetze won two Bundesliga titles with Dortmund before joining Bayern in 2013 but failed to secure a starting place in three seasons under coach Pep Guardiola, who has since joined Premier League side Manchester City. The 24-year-old has also been linked in British media with a move to former Dortmund boss Juergen Klopp at Liverpool.
The Champions League play-offs are set to deliver high-octane drama as Manchester City prepare to battle European heavyweights Real Madrid, while Celtic brace for a daunting clash against Bayern Munich, with last-16 spots on the line.
Bundesliga champions Bayern Munich achieved record turnover figures for 2013/14 on Friday, matching their success on the pitch by breaking through the 500 million euros (398.05 million pounds) barrier for the first time.
Injury-plagued Bayern Munich chasing a treble.
Bayern Munich and Fiorentina, two teams moving in opposite directions, clash in the Champions League on Wednesday with the Bavarians firm favourites to progress to the last eight.
Bayern Munich will be out to prove they have erased the bitter taste of last season's Champions League final defeat by Chelsea when they host Spain's Valencia in their opening Group F match on Wednesday.
Xavi Hernandez and Pep Guardiola's applications were not genuine: AIFF
The quarter-final draw was the last in the current format with UEFA adopting an all-new format from the 2024-25 season onwards.
Manchester City's Erling Haaland came back to haunt Borussia Dortmund with a clinical finish against his former team, while Phil Foden bagged a brilliant brace as the hosts cruised to a 4-1 win in the Champions League on Wednesday to climb to fourth.
Bayern Munich coach Pep Guardiola weathered his first major crisis at the German club, coming out stronger after his team crushed Porto 7-4 on aggregate on Tuesday to move into the Champions League last four.
Bayern Munich came from a goal down to ease past hosts Bayer Leverkusen 4-2 on Saturday and remain firmly on course to retain the Bundesliga title with four games remaining. The Bavarians are within touching distance of their eighth consecutive league crown, but Leverkusen's 17-year-old Florian Wirtz stole some of the spotlight at the end, becoming the youngest Bundesliga scorer when he netted in the 89th minute.
Bayern Munich will not only have to overturn a 3-0 Champions League semi-final first leg deficit against Barcelona on Tuesday but they will have to do it against a superb defence and in the midst of their biggest slump in years.
Thiago Alcantara's sensational flying volley in stoppage-time earned Bayern Munich a 2-1 win at VfB Stuttgart on Wednesday, extending their unbeaten run to 43 league games and increasing their Bundesliga lead to 13 points.
Champions Bayern Munich twice needed to come from a goal down to beat hosts Augsburg 3-2 on Friday courtesy of Kingsley Coman's two goals, and cut the gap with leaders Borussia Dortmund to two points.
Bayern Munich beat Hanover 96 3-0 to make it three wins from their first three games.
On debut, substitute Marcus Rashford became the first Englishman to play a first-team game for Barcelona since former England striker Gary Lineker in 1989.
Unstoppable Bayern Munich forward Robert Lewandowski scored a hat-trick, taking his tally to 10 goals in five Bundesliga games, as the defending champions thumped hapless Eintracht Frankfurt 5-0 on Saturday.
Images from the UEFA Champions League final between Paris St Germain and Inter Milan, at Allianz Arena, Munich, Germany, on Saturday.
Last season's top scorer Robert Lewandowski found the net with a 31st-minute penalty to become the first player to score in 10 successive appearances against the same Bundesliga opponents.
Bayern Munich apologised on Wednesday after failing to voice their support for an activist who was flogged in Saudi Arabia during their trip last week.
Arsenal conceded five goals for the first time at their Emirates Stadium as they suffered their worst home defeat for 19 years.
Nervy Bayern were beaten 2-0 at home by Arsenal but progressed thanks to their 3-1 success in London in the first leg.
IMAGES from UEFA Champions League matches played on Wednesday
Bayern Munich fought back with a deflected own goal and a late header from Thiago to claim a 2-1 win at Sevilla in an exciting Champions League quarter-final, first leg clash.
Arjen Robben set up the first goal and scored a superb second to give Bayern Munich a comfortable 2-0 win over FC Zurich in the first leg of their Champions League playoff on Wednesday.
Struggling Bolton Wanderers held European soccer aristocrats Bayern Munich to a 2-2 draw in UEFA Cup Group F on Thursday.
Borussia Dortmund defenders Waldemar Anton and Almugera Kabar are doubtful for Friday's Bundesliga game against Bayer Leverkusen due to illness, coach Nuri Sahin said.
Bundesliga leaders Bayern Munich face Borussia Dortmund on Saturday with relations between the German heavyweights seemingly at an all-time low.
Runaway Bundesliga leaders Bayern Munich showed no signs of letting up as they brushed aside Werder Bremen 4-0 in a bad-tempered match on Saturday.
Bayern Munich began to lay the foundations for this season's impressive run to the Champions League final immediately after their defeat to Chelsea in last year's showpiece, coach Jupp Heynckes said on Wednesday.
The 22-year-old German is Liverpool's most-expensive signing ever, ahead of captain Virgil van Dijk who joined for 75 million pounds in 2017.
A first-half penalty earned Lille a shock 1-0 home victory over holders Real Madrid in the Champions League group phase on Wednesday.
Bayern President Uli Hoeness has pledged a big-name signing in the close season and Italian media had reported in recent days the German champions were interested in Ronaldo.