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Premier League teams are way off the standard of Real Madrid and Juventus, insists Rio Ferdinand: 'Chelsea are the nearest, but we're in a transition'

Rio Ferdinand has poured cold water on the suggestion an English team could soon win the Champions League, admitting clubs like Real Madrid are way ahead.

Madrid booked their place in this year's final on Wednesday night, beating city rivals Atletico to set up a showdown with Juventus.

England, meanwhile, had three sides reach the knockout stages but only Leicester could get to the quarter-finals, where they were beaten over two legs by Atletico.

Rio Ferdinand believes Premier League sides are way behind the likes of Real Madrid and Juve
Rio Ferdinand believes Premier League sides are way behind the likes of Real Madrid and Juve
Real Madrid lost to Atletico Madrid but booked their place in the Champions League final
Real Madrid lost to Atletico Madrid but booked their place in the Champions League final

Ferdinand admits that Premier League sides have been playing catch-up for some time: 'All our English teams are way off this standard,' he said.