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In the first leg, Les Parisiens wound up 3-2 winners courtesy of Kylian Mbappe and Marquinhos, putting all the pressure on last season's winners to get a result away from home in order to turn the tie around.
The enthralling five-goal encounter at the Allianz Arena ended with Mauricio Pochettino's side claiming a slender lead at half-time in the tie.
It essentially means that going into this evening's game, the Ligue 1 giants only need to hold on to a draw to secure a berth in the semi-final for the second time in a row, in this coveted competition.
The two continental giants head into tonight's mouth-watering clash following differing fortunes in their domestic title defences.
PSG's weakened team cruised past Strasbourg 4-1 on Saturday, whereas a much-changed Bayern side could only muster a point from their clash with Union Berlin in a 1-1 draw.
Despite PSG taking a lead into the second leg, there is nothing guaranteed in this one.
Three away goals to help their cause will almost certainly put the French giants as favourites to go through, but it only takes two Bayern goals to turn the tie on its head.
And with a spot in the Champions League semi-finals at stake, Bayern must go all out to ensure a comeback.
In a nutshell, if the first leg was anything to go by, then fans are in for a treat this evening.
It's good news for PSG manager Mauricio Pochettino, who welcomes back Italian pair Alessandro Florenzi and Marco Verratti who have both been cleared following COVID-19 isolation.
Leandro Paredes is also back from suspension, but the good news ends there for Les Parisiens.
Keylor Navas was substituted at the weekend against Strasbourg with an injury and is a doubt for the second leg.
Elsewhere, Marquinhos is also a major doubt for the game after suffering a muscle injury in the first leg.
On the other hand, Bayern Munich are missing a host of key players heading into the game including prolific goalscorer Robert Lewandowski.
Also unlikely to play is Leon Goretzka, Serge Gnabry, Niklas Sule and Corentin Tolisso.
It has left Hansi Flick devoid of options in midfield and in attack, with the German tactician having to rely on the services of the former PSG star Eric Maxim Choupo-Moting as the leader of the attack.
However, Flick does have the option of starting the young and exciting Jamal Musiala, who scored the only goal in the club's draw with Union Berlin on the weekend.
Paris Saint-Germain are 19/10 to win this evening's game, with Bayern Munich priced at 11/10 to come away with the victory. A draw is priced at 16/5.
Odds are correct at the time of publication and are subject to change.
It is perhaps the tie of the round, as PSG and Bayern Munich once again lock horns in the Champions League quarter-finals.
BT Sport will be broadcasting the highly anticipated clash from 7:15pm (GMT) on BT Sport 3.
Regular subscribers can also stream matches via the BT Sport website or BT Sport app on a variety of devices including laptops, smartphones and tablets.
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