Manager Jose Mourinho has blamed fatigue from their 'Clasico' win at the weekend and sheer bad luck for Real Madrid's failure to reach the Champions League final.
The nine-times European champions had been convinced they were going to reach the final, buoyed by their 2-1 La Liga win at Barcelona on Sunday, and by their arch-rivals' shock defeat to Chelsea yesterday.
Bayern Munich beat Real in a penalty shootout to treach the Champions League final against Chelsea.
Mourinho hopes it's a good final and is picking his old club to go well in next month's final, though he has lots of respect for Bayern.