This article was originally published on www.si.com as FIFA Club World Cup Bracket: Semifinals, All Possible Final Matchups. We are edging towards the conclusion of the 2025 FIFA Club World Cup, with just four sides remaining in the revamped 32-team tournament.

Champions League holders Paris Saint-Germain beat German giants Bayern Munich 2-0 in the quarterfinals of the Club World Cup despite ending up with only nine players on the pitch, to book a semifinal tie with either Real Madrid or Borussia Dortmund.

PSG, the reigning UEFA Champions League winner, dismantled Lionel Messi and Inter Miami in the round of 16 with four goals in the first half of a 4-0 victory, while Bayern took down Brazilian side Flamengo 4-2 to set up the showdown with a familiar European foe.