Holders PSG beat Bayern 5-4 in Champions League semi-final thriller

Record breaking nine goals

That made it the highest-scoring semi-final in the Champions League era and the joint highest in overall competition history, along with Eintracht Frankfurt's 6-3 victory at Rangers in the 1960 semis.

PSG ended a run of five straight defeats against Bayern in the elite event, including a 2-1 home defeat in this season's league stage, but there is no real favourite to pick ahead of next week Wednesday's return leg who will go to the May 30 final in Budapest.

The other first leg semi is on Wednesday between Atletico Madrid and Arsenal.

Nothing to lose for Bayern

"I think we saw two high-level teams out there today, especially in the attacking play and in the transitions, the speed, the intensity. Two of the top teams going toe-to-toe," Kane told Prime Video.

"We fought and we clawed and we're back in the tie," he added. "We go to the Allianz with nothing to lose, we're at our best when we're intense and physical."

Epic from the start

The duel between the two highest scoring teams in the competition - PSG now have 43 goals from 15 games and Bayern 42 from 13 - lived up to all the hype from the kick-off.

Bayern enjoyed a little more of early possession and took the lead in the 17th when Willian Pancho clipped Diaz on a Bayern counter attack.

Kane made no mistake from the spot when he sent Matvey Safonov the wrong way and netted into the bottom right corner for his 13th goal of the competition.

It should have been 2-0 three minutes later for but Olise failed to beat Safonov one on one after being set up superbly by Kane.

PSG hit back

Instead PSG came to life with Dembélé missing a big chance after Aleksandar Pavlović gave away the ball.

The equalizer came a minute later in the 24th when Désiré Doué found Kvaratskhelia on the left who beat Josip Stanišić and curled into the far corner for 1-1.

Olise almost restored Bayern's lead when he clipped the post but it was PSG to score again and complete the turnaround when Neves headed home Dembélé's corner kick in the 33rd.

Dembélé was denied another chance by a last-ditch intervention from Upamecano but now it was time for Bayern to hit back as they restored parity at 2-2 in the 41st from Olise who smashed high into the net after beating three PSG players.

Three PSG goals but Bayern fight back

But PSG had the last laugh in a breathless first half when Alphonso Davies was ruled upon review to have handled the ball and Dembélé scored into the bottom right corner on the ensuing penalty with Manuel Neuer beaten although he guessed the right corner.

Davies did not return after the break and his replacement Konrad Laimer aimed wide left before PSG seemingly ran away with the match when Kvaratskhelia converted Achram Hakimi's cross in the 56th and Dembélé completed his brace as well two minutes later.

That seemed to have clinched matters for a statement victory but Bayern would have none of it and kept the tie alive.

Upamecano's glacing header off Joshua Kimmich's free-kick in the 65th and Díaz superb shot off Kane three minutes cut the deficit to one, Díaz' goal standing upon review after the offside flag initially went up.

Each side had one more chance, with PSG substitute Senny Mayulu hitting the crossbar in the 87th and Pacho denying Bayern a stoppage-time equalizer by clearing Kimmich's header in front of the goalline.

Bayern Munich players around Joshua Kimmich (L) and Harry Kane (2nd R) thank the fans after the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa

Bayern Munich Dayot Upamecano (L) celebrates scoring his side's third goal with team-mate Joshua Kimmich during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa

Bayern Munich Luis Diaz (L) celebrates scoring his side's fourth goal with team-mate Aleksandar Pavlovic during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa

Paris Saint-Germain Ousmane Dembele (C) scores his side's fifth goal during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa

(L-R) Bayern Munich players Dayot Upamecano, Aleksandar Pavlovic, Joshua Kimmich and Josip Stanisic react after conceding a goal during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa

Paris Saint-Germain's Joao Neves celebrates scoring his side's second goal during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Matthieu Mirville/ZUMA Press Wire/dpa

Paris Saint-Germain players celebrate their side's second goal during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa

Bayern Munich's Harry Kane scores his side's first goal during the UEFA Champions League semifinal first leg soccer match between Paris Saint-Germain and Bayern Munich at Parc des Princes. Federico Gambarini/dpa