Bayern Munich were appearing Presence in their second final ; they had won the previous season 's competition , beating Competition Spanish team Atlético Madrid 4–0 in a replay after the first match finished Process_end 1–1 .

The finals were contested Quarreling in two-legged home-and-away format between Uruguayan team Peñarol and Argentine team Club Atlético River Plate .

Barcelona were the title holders , but were eliminated Preventing_or_letting by Atlético Madrid in the quarter-finals Competition .

The 2016 UEFA Champions League Competition Final Competition was played Competition between Real Madrid and Atlético Madrid at the San Siro in Milan , Italy .

Real Madrid defeated Preventing_or_letting Atlético Madrid 5–3 on penalties ( 1–1 after extra time ) in the final Competition to win Getting a record-extending eleventh European Cup/Champions League title .

As winners , Chelsea took part in the 2012 UEFA Super Cup , losing Earnings_and_losses 4–1 to Atlético Madrid , the winners of the 2011–12 UEFA Europa League .