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The UEFA Champions League, commonly known as the Champions League, is an annual club football competition organized by the Union of European Football Associations (UEFA) since 1955. It is one of the most prestigious club competitions in the world and one of the most watched sporting events worldwide.

The competition is contested by the top clubs in European football, and the winner is crowned the European club champion. The tournament is played in a knockout format, with the final being played at a neutral venue. The current format of the competition involves a group stage, followed by a knockout stage. The group stage consists of 32 teams, which are divided into eight groups of four teams each. The top two teams in each group advance to the knockout stage, where they are joined by the eight third-placed teams from the UEFA Europa League group stage. The knockout stage consists of a round of 16, a quarter-final, a semi-final, and a final.

The Champions League has been won by some of the biggest clubs in European football, including Real Madrid, Bayern Munich, Liverpool, and Manchester United. Real Madrid is the most successful club in the competition's history, having won it 14 times. The Champions League is a highly competitive tournament, and it is considered to be one of the most difficult trophies to win in club football.

The Champions League is a global sporting event, and it is watched by millions of people around the world. The tournament is a major source of revenue for UEFA and its member associations, and it is estimated to generate over €2 billion in revenue each year.

The Champions League is a prestigious and competitive tournament, and it is one of the most important events in the football calendar. The tournament is a major source of revenue for UEFA and its member associations, and it is watched by millions of people around the world.

Here are some of the most memorable moments in Champions League history:

• Real Madrid's 7-3 victory over Eintracht Frankfurt in the 1960 European Cup final
• Manchester United's victory over Bayern Munich in the 1999 Champions League final
• Liverpool's victory over AC Milan in the 2005 Champions League final
• Real Madrid's victory over Juventus in the 2017 Champions League final
• Liverpool's victory over Tottenham Hotspur in the 2019 Champions League final

The Champions League is a tournament that is full of history and tradition, and it is one of the most exciting and unpredictable competitions in world football. The tournament is a must-watch for any fan of the beautiful game.