Pep Guardiola’s men will play last season’s La Liga winners at home in the first leg, before travelling to the Wanda Metropolitano for the deciding fixture.
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Ahead of those games, here is everything you need to know about our last eight opponents.
How they qualified
Atleti reached the knockout stage after finishing second behind Liverpool in Group B.
The Spanish outfit took seven points, winning two and drawing one of their six games to qualify ahead of Porto and Milan.
They faced Manchester United in the last 16 and drew 1-1 in the first leg at the Wanda Metropolitano, where Joao Felix’s early strike was cancelled out by a late goal from Anthony Elanga.
Renan Lodi scored the only goal of the game in the second leg at Old Trafford, heading in Antoine Griezmann’s cross shortly before half-time before Diego Simeone’s men closed out the win with a determined second half display.
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League form
At the time of writing, the reigning La Liga champions sit fourth in the table, 15 points adrift of leaders and rivals Real Madrid.
Since the beginning of 2022, they have won six of their nine league games and are due to play Rayo Vallecano and Alaves before they visit the Etihad Stadium on Tuesday 5 April.
City links
Both teams have players who have represented the opposition.
Rodrigo, who grew up supporting Atleti, arrived at City from his boyhood club in the summer of 2019. He spent time in the Madrid outfit’s youth system but was released as a teenager and subsequently rejoined five years later.
The midfielder played one season with his hometown club, making 47 appearances and winning the UEFA Super Cup.
Madrid’s centre-back Stefan Savic joined City in July 2011 and went on to make 20 appearances in our 2011-12 Premier League title-winning campaign.
After a spell at Fiorentina, he joined Atleti in 2015 and, to date, has played 224 times, winning a La Liga title, the Europa League and the UEFA Super Cup.
Manager
Diego Simeone has been in charge of Atleti since 2011, making him the longest serving manager in La Liga.
The Argentine, who won a league and cup double during a three-season spell as a player at the club between 1994 and 1997, has presided over more than 500 games since returning as manager.
In that time, he has won eight trophies, including two league titles, two Europa Leagues, and a Copa Del Rey, whilst he has also been a Champions League runner-up on two occasions.
Top scorer
At the time of writing, Angel Correa is Atleti’s leading marksman.
The forward has scored 12 goals in 39 games this season and has been ably supported by 11-goal Luis Suarez and Joao Felix and Antoine Griezmann, who have both hit the back of the net on eight occasions.
European history
Atleti have never won the European Cup or Champions League, but have lifted continental titles on seven occasions.
Under Simeone they were Champions League runners-up in 2014 and 2016, whilst they were also defeated in the final of the 1974 European Cup.
They have fared better in the Europa League, which they won in 2010, 2012 and 2018 before going on to win the corresponding UEFA Super Cup in each of those three years.
Atleti’s first European title arrived in 1962 when they beat Fiorentina in the European Cup Winners’ Cup final after a replay.
Stadium
The Spanish side ply their trade at the Wanda Metropolitano, a 68,456 capacity stadium which hosted the 2019 Champions League final.
