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Real Madrid have dominated the Champions League in recent years and took home the trophy four out of five times between 2013 and 2018. Their only failure came during the 2015 season when they were knocked out by Juventus in the semi-finals, with bitter rivals Barcelona ultimately lifting the trophy. Having won the trophy in 2018, there were high hopes for the reigning champions in 2019. However, the European giants were knocked out by underdogs, Ajax, in the quarter final stage of the competition, marking their earliest exit from Europe for nine years. Their dry spell continued in the ensuing two seasons (2019/20 and 2020/21), failing to make the final on both occasions.

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