But there is also the possibility of an all-German final after Barcelona were pitted against Bayern Munich and Real Madrid were paired with Borussia Dortmund.
An all-Spanish final would, however, have more than one plot-line. The draw also paves the way for Lionel Messi and Cristiano Ronaldo to stage the latest instalment in their dispute of the title of the world's best player - as well as adding considerable value to the tickets.
However, there is a long way to go before the prospect of a Clasico final becomes a reality. Dortmund are the only unbeaten team left in this year's competition and beat Real Madrid in the group stages. Bayern are last year's beaten finalists.
The semi-final clash between Barcelona and Bayern adds another layer of intrigue as it pits Pep Guardiola's old team, Barca, against the side he will manage next season.
As for Real Madrid,many suggest that their manager Jose Mourinho will be happiest with the draw.
With their league hopes over, the Champions League has become Los Blancos top priority this season. Of all the three sides they could have faced, they will perhaps consider they have drawn the weakest of the sides that remain.
Dortmund have a daunting task, but are looking forward to it. "We are happy with this draw - not because we think it's an easy one, but because the Champions League is an international competition and we wanted an international game rather than a national tie against Bayern," said general manager Hans-Joachim Watzke. ·
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