3 observations from Real Madrid’s 4-3 loss to Bayern Munich

Munich, Germany - April 15: Eduardo Camavinga of Real Madrid Referee Slavko Vincic shows Eduardo Camavinga the yellow Card during the UEFA Champions League 2025/26 Quarter-Final Second Leg match between FC Bayern München and Real Madrid CF at Football Arena Munich on April 15, 2026 in Munich, Germany. (Photo by Harry Langer/DeFodi Images/DeFodi via Getty Images) | DeFodi Images via Getty Images Real Madrid bowed out of the Champions League and likely extended their trophy-less run to two seasons after a 4-3 loss to Bayern Munich at the Allianz Arena. Here are three observations from the game: The Camavinga problem The second yellow may have been harsh.

It may not have been. Everything around that is subject to opinion, no matter what the ratio is. However, as harsh or fair as it was, it still happened, and there is no one else to blame for it but Eduardo Camavinga himself, and the red card impacts him beyond the result in Germany.

Real Madrid looked good with 11 men. Before Camavinga had come on, Real Madrid’s build-up structure was good, and sometimes, they defended well — particularly in the second half, where Bayern really did not have much to do until Jamal Musiala came on. There were problems, but they looked to have calmed those problems down as the second half went on.

However, Camavinga’s substitution left Real Madrid in a system that left more holes in the middle of the park. Brahim’s work rate went missing, as did Fede Valverde’s presence in the pivot. The game opened up a bit for the Bavarians, and the red card was the final nail in Real Madrid’s white-painted coffin.