Arturo Vidal insists Bayern Munich is still the "best in the world" despite exiting the Champions League semifinals at the hands of Atletico Madrid. 

"I don't know why the ball did not want to go in … with so many chances created in both legs," the midfielder said. "I think we were superior in both games. We controlled possession, but didn't seize it. They take their opportunities well, and that's why they move into the final.

"From here to the final they will dream with us. They faced the best team in the world." 

Bayern defeated Atletico 2-1 on Tuesday but went out on away goals after suffering a 1-0 defeat in the first leg last week. 

The German side dominated proceedings at Allianz Arena but could not convert its possession and chances into a vital third goal. 

However, despite being eliminated in the semifinals of the competition for a third consecutive season, Vidal insisted Bayern is still the best club side in football.

"We are left sad, but we still have two titles that we hope to win," he said. "We are still the best team in the world, but sometimes the best doesn't always win.

"Football is sometimes like this. Today the best didn't advance, they were eliminated."