The Gunners have won only one of their last six games against Spanish clubs, losing four of them.
Atletico Madrid are without a win in their last three matches against English opponents.
In the second semi-final French giants Marseille take on Salzburg.
Marseille vs. Salzburg
Arsenal vs. Atletico Madrid
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.