Real Madrid beat Atletico Madrid on penalties (2-2 on aggregate, 4-2 on penalties) in the UEFA Champions League Round of 16. Next up for Los Blancos is a clash against Premier League giants Arsenal. It's a mouth-watering showdown between two top European sides.

PSV Eindhoven takes on Arsenal in the second leg of their UEFA Champions League Round of 16 matchup on Wednesday, March 12.

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Arsenal take on PSV on Wednesday, March 12, at the Emirates Stadium in north London. Kickoff is set for 8 p.m. GMT local time in London, making it an 9 p.m. CET start in Europe. It's a 4 p.m. ET or 1 p.m. PT kickoff in the US and Canada, and a 7 a.m. AEDT start in Australia on Thursday morning.

Arsenal drew 2-2 with PSV Eindhoven on Wednesday to complete an emphatic 9-3 aggregate win and set up a Champions League quarterfinal against Real Madrid.

After a tough battle, Real Madrid have secured their place in the quarter-finals of the UEFA Champions League, overthrowing neighbours Atletico Madrid to get there via penalty shootout.Having done

Arsenal's ultimate goal this season is winning Champions League'

Arsenal advanced to the Champions League quarterfinals in consecutive seasons eliminating PSV Eindhoven from the competition.Leading by six goals on aggregate, Arsenal were heavy favorites to advance on the night.