One leg is better than two: why we don’t need two-legged fixtures in the Champions League & Europa League

Champions League knockout fixtures 2003–2019.
Europa League knockout fixtures 2009–2019.
In the 224 two-legged knockout Champions League fixtures between 2003 and 2019, a team losing the first leg but going through made up only 18.8% of fixtures.
In the 300 two-legged knockout Europa League fixtures between 2009 and 2019 a team losing the first leg but still going through made up only 13.3% of fixtures.
In all knockout fixtures in the Champions League between 2003 and 2019 and in the Europa League between 2009 and 2019 a team lost the first leg but managed to go through in 16% of two-legged fixtures.

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