Lyon face a tricky second leg in Eindhoven following last night’s 1-1 draw with PSV, but coach Paul Le Guen remains upbeat about his side’s chances of reaching the last four.

The French title holders went 1-0 up thanks to a 12th-minute effort by Florent Malouda but the Dutch equalised late on through veteran Philip Cocu.

“We were not so good after the interval,” Lyon coach Paul Le Guen admitted.

“But PSV are a strong side and it was hard to keep up with the pace we had set from the start.”

“Ironically we came out with a poor result but we had a very good match.”

The French looked capable of extending their lead during the first half, squandering a number of opportunities to add a second goal.

“We had several chances to be 2-0 up,” Le Guen said. “We created more chances than they did. They equalised on their first opportunity.

“It’s frustrating to concede a goal like this one. We are disappointed but we are still far from being eliminated.”

Meanwhile, PSV coach Guus Hiddink, refused to accept that his team were now favourites to reach the semi-finals.

“I don’t see how we could be the favourites as our budget is half of our opponents’ one,” Hiddink said.

“But if you want us to be, so be it.

“It’s not going to change the way we are playing. We will carry on the same way.”