UEFA CHAMPIONS LEAGUE
* Local time based on your geographic location.
1 - 2
Anyway, that's your lot for this evening. Stick around on ESPN FC for reaction and such like. Many thanks for your company. I've been @JamesDallESPN. Cheerio.
Ancelotti will unlikely be a happy bunny with his team, who should already be plotting for the quarter-finals. Yet now, without Zlatan, they must fight off a Valencia revival in Paris.
Blimey. How the tie isn't beyond Valencia is, erm, beyond me. PSG had many, many chances to score more than two, but they failed. Valencia then took their only real clear chance at the death through Rami, before Zlatan was sent off.
FULL-TIME: Valencia 1-2 PSG.
Hmmm. A straight red for the Swede as he goes over the ball in a standing tackle. Unsure if that warrants a dismissal. The referee did though, and that's what matters.
RED CARD FOR IBRAHIMOVIC.
What about that, eh? A grain of hope for Valencia ahead of the second leg.
Big goal. A free-kick is sent in by Tino Costa and no-one tracks Rami. The defender diverts home from six yards, with Sirigu rooted to his line.
GOAL!!! Valencia pull one back through Rami!
PSG sub: goalscorer Pastore is replaced by Armand.
Guardado skims in a cross. It is decent, but Soldado fails to get the ball under control, or even divert it goalwards.
Tino Costa sends in a whipped effort which sees Siguru sprawl and palm wide.
Viera wins a free-kick in a promising area after a shirt pull. Chance to curl in a dangerous ball here...
Parkhead update: Celtic 0-3 Juventus.
Valencia change: Feghouli is replaced by Viera. Soldado initially thought he was coming off, but the boss thought better of it.
Classic moment as Jallet takes his eye of a slow-moving pass and it skips under his foot. Oh, the fun we have.
Boos from the home fans after the referee makes an interception. Humorous for the neutral.
Valencia continue to dominate possession. PSG care not a jot.
All of a sudden, Alex looks ropey. He's all over the place positionally.
Update from the Celtic game: the Hoops trail 2-0 now, as Juventus' Marchisio strikes.
One of the worst crosses I've seen by Canales, as he hammers the ball into the sky.
Guardado skips down the left, avoiding a tackle from Chantome, before flashing a ball across goal. Poor attempt, really. His team-mates look displeased.
Ancelotti looks cool on the touchline. Unruffled. He's already thinking about a victory glass of red after the game. Probably.
PSG change: Menez comes on for goalscorer Lavezzi.
And so their goal almost came. Valdez beats Alex to a cross, and then attempts a left-footed strike. He was off balance though and sliced at the ball, meaning it rippled the side netting.
Been an enjoyable game this. One goal for Valencia would give them a sniff they hardly deserve.
Up the other end, Soldado just went crazy after he was not awarded what he deemed to be a penalty. The Spaniard was bundle over in the box, following a robust challenge.
Got a little carried away with the caps lock, but it did excite me. A sexy backheel was involved before goalmouth scramble ensued. Chantome eventually tucked it home, but he had run back from an offside position.
GOAL DISALLOWED FOR PSG.
Chantome, while not as exciting as Lucas Moura, has offered more on the defensive side of things, helping to solidify PSG's right flank.
Feghouli just attempted an ambitious strike, that would have been a wonder goal had he executed it. Needless to say, the first time strike went high and wide.
Lavezzi so nearly nips in, but the flag is up for offside. Guardado was playing him on though. Let off.
Valencia then attack down the right. Feghouli crosses, but he never looked up, and the delivery is too near the goalkeeper, meaning Sirigu gets his hands on it and gathers.
Matuidi is boss. He just made Parejo look like a ghost. Then, PSG zip forward. Lavezzi cuts in a sweet pass that Zlatan gets a toe on. It hits the Guaita, who knew little about it, before it is eventually claimed by the goalkeeper.
Should be 3-0. Really should. Lavezzi collects a looping pass. He gets a bit lucky following a loose first touch but still has a chance, one v one against the goalkeeper. He opts for the chip, but gets only a little lift on it and Guaita scoops up the cheeky effort.
Javier Pastore celebrates after putting PSG two up at Valencia
Was bad goalkeeping from Guaita again. He should have at least parried the ball to the side, rather than back into the six-yard area.
Seconds later, PSG almost make it 3-0. Guaita spills a Zlatan shot, before Lavezzi looks to tap home, only to fizz it wide - and well wide at that.
Chance for Valencia. A searching pass finds Soldado but his first touch is poor, and the ball ends up behind him.
Feghouli does really well to ride two challenges then bring the ball out of defence.
Lavezzi uses his low centre of gravity to twist and turn before dinking a cross to the back post. Goal kick, though.
Aimless attacking from Valencia as they threaten to move through the gears before working it from side to side and then out of play.
Pressure relieved though as PSG flow forward. Lavezzi darts down the left and wins a free-kick.
Chantome does something positive this time as he closes down a Parejo strike.
The resulting free-kick comes to nothing due to a foul by Rami. He was blatantly holding back his marker.
Chantome's first involvement is to give away a free-kick following a clumsy challenge on Guardado.
PSG sub: Lucas Moura is replaced (boo!) with Chantome coming on.
Sirigu again forced into action, this time with a little more purpose as Valdez's lofty header is tipped over the bar. A corner follows to the back post but it is over-hit.
Canalez bends a cross in from the left and Sirigu launches himself at it with a diving punch. A bit uncalled for, really.
Valdez threatens to get in behind the PSG defence, which there wasn't enough of in the first half, but the flag it up for offside.
What strength from Matuidi as he bulldozes two Valencia players off the ball.
A stat I have just pilfered from the television: Valencia, despite being fifth, have conceded more home goals than any side in La Liga this season.
Valencia have come out a little brighter, probably following a rocket from their manager Valverde.
There were two Valencia changes at the break: Banega and Jonas are replaced by Canales and Valdez.
SECOND HALF: PSG get the second period started.
With two away goals, is this over? Probably. Meanwhile, the people in suits on the television are not happy with Guaita's goalkeeping for the first. The second, sure, was poor, but for the first Lavezzi hits it so hard that I am not sure he was that at fault.
Valencia had 69% of the ball. They've done little with it. PSG, however, have been efficient, looking capable of scoring at will. Lucas Moura's pace down the right is devastating, while Verratti's distribution in the middle is very tidy.
Short summary: Valencia average, PSG good, Lucas Moura and Verratti excellent.
Half-time: Valencia 0-2 PSG.
Tino Costa crosses but Pastore is there to nod clear.
One final corner to be taken before half-time...
Tino Costa pings a ball in near the far post, but it is headed away for a corner.
Two minutes of added time will be played.
Valencia win a free-kick near the corner flag. Joao Pereira won it. He's a mouthy so-and-so.
Indeed, Guaita hasn't looked convincing thus far. That second had been coming too, in spite of Valencia's dominance in possession. PSG boast such quality when going forward.
Lucas Moura cuts back from the touchline to the lurking Pasotre. He hits it first time. There is good purchase on the strike, but it is all but at the goalkeeper, whose foot it strikes on its way to the back of the net.
GOAL!!! 2-0! Pastore lashes in.
Hairy moment for goalkeeper Guaita as he kicks out for a throw-in under pressure.
Valencia have upped the tempo a little, but PSG continue to look solid. Matuidi is doing a fine job of making the tackles, while Verratti is very composed indeed.
Lavezzi celebrates his opening goal, which was a belter.
Zlatan wits, before rolling to Verratti, who slides a ball to Pastore. He then wriggles before working an angle and striking low and hard. Guaita claims, but is was an unconvincing take.
Ooof. ANOTHER save from Guaita.
Valencia have made twice as many passes compared to PSG. Still, they have failed to test Sirigu.
Tino Costa bends in the free-kick with his left foot. Jonas meets it with his head but the technique isn't quite right and it loops over the crossbar.
Chance for Valencia to swing in a free-kick...
Zlatan is flagged for offside as he looks to reach a searching ball. Replays show it was a tight call.
Verratti now misses the second leg.
Lavezzi goes down after being caught by a sliding tackle. Valencia were reluctant to kick the ball out. Verratti then does, by means of a tackle. It then gets awfully whiny as Verratti squares up to Joao Pereira, who are both booked. Alex also got involved, but no card for him.
Verratti is again strong as he brushes his opponent off the ball. While Lucas Moura and Pastore are providing good attacking options, they aren't really tracking back.
Good hustle from Pastore as he forced Valencia to keep the ball by their own corner flag before knocking it out for a goal kick.
After typing that sentence, the Brazilian bombed down the right. Guardado couldn't keep with him and he shot low, drawing an awkward save from Guaita.
Lucas Moura is very quick.
Verratti robs the ball in midfield. He slides in Ibrahimovic down the left side, who flicks in a cross to the back post. Lucas Moura connects first time but he fails to get his head over it, and it blazes over.
Valencia have bossed possession, managing 63% of it, but it goals are what matters. And PSG have one, while they've also hit the post. Valencia have not created anything of note yet.
Sakho hits the deck as he stretches to clear a low ball in. It falls to Guardado, who spanks at goal but the shot is a little wild and it goes over the bar.
Valencia are relying on crosses at the moment. Makes sense, what with the central area congested as Matuidi and Verratti occupy the space in front of the back four.
Important tackle by Banega on Verratti after Moura had sped forward at startling pace.
Jallet's header is weak and falls to the feet of Banega, but, on the edge of the area, he rushes his shot and scuffs it well wide.
PSg spring forward to very swiftly. Lavezzi's acceleration is a threat, as we've seen already.
The home fans sigh with frustration as Joao Pereira floats in an aimless cross that the 'keeper claims with ease.
Ibra just switched the play beautifully with a first-time pass. It was nonchalance defined.
Super play from Zlatan as he controls following his own header. He then buys a free-kick.
In this evening's other game, Celtic have fallen behind early on against Juventus, with Matri (we think) getting the goal.
Again, the corner fails to threaten as Soldado commits a foul on Sirigu.
The corner comes to nothing, but Valencia have another...
Meanwhile, as Valencia look to respond, Sakho makes a brave challenge with his head to clear away for a corner. He is receiving treatment but should be fine.
Lavezzi accelerated with the ball before dropping a shoulder to evade a challenge. He then fired one into the far corner, leaving goalkeeper Guaita looking a bit daft as he grasped at nothing but air.
GOAL!!! Lavezzi breaks the deadlock with a corker.
WOODWORK! Ibrahimovic is fouled but the ref waves play on. Lucas Moura winds up and spanks one low. It clatters off the foot of the post and out.
A waste from Lucas Moura as PSG counter. He receives the ball on the right and runs at the Valencia defence, but over-does matters before Tino Costa mops up.
Sirigu is sporting a fuschia-coloured goalkeeper jersey. It's a treat.
Better. Valencia pop it about nicely before PSG intercept and Ibra looks for a defence-splitting ball. Guardado cuts it out. The home side then zoom forward, but the flag is up for offside.
Lucas Moura is fine. Back on the field. A bitty opening thus far, with a few fouls committed.
Valencia have been sporting and thrown it back to PSG. Will keep you posted on Lucas Moura.
Lucas Moura is down injured. It took a while for the ball to be kicked out of play, by Sakho. The defender was under pressure and indicated he was clearing for a throw due to the injury. Valencia don't seem convinced.
Rami humps one forward but Sirigu is confident and claims the ball well.
KICK-OFF: Valencia get us under way. In other news, I've managed to get this far without mentioning Beckham. He's in the stands. Looking lovely.
"The Champions League is back," says Ray Wilkins on the television. It is Ray, yep. Now follows the anthem. There is a brilliantly huge flag at one end, depicting a mustachioed genie next to the trophy.
The teams are in the Mestalla tunnel. Jallet will lead out PSG and Soldado will lead out Valencia as the clubs' captains.
While Sakho and Alex are not bad, the absence of Thiago Silva is a blow. The Brazil international is out with a thigh problem.
Soldado is Valencia's striker. He's scored four in five Champions League appearances this season. Alex and Sakho will need to have their wits about them, as the Spaniard's movement is superb.
A printed out team sheet tells me the following players will miss the second leg if booked tonight: Guaita, Costa, Matuidi and Verratti.
The chaps at Get Goal Side have sent a tweet, musing about this match: "A two horse race between 2 dark horses. Neither on show here however." You can be sarcastic or genuine on Twitter @JamesDallESPN
Let's talk stats. Here's one: Carlo Ancelotti's team have won 12 of their last 13 games in all competitions. That indicates decent form. Valencia, meanwhile, following a poor start to the season in La Liga, are up to fifth, having won five of their last seven league matches.
Are these two 'dark horses' for the Champions League trophy? Pressed for an answer, by whom I'm not sure, let's say: maybe, possibly, horses for courses. There are few certainties in football, you see. Ibra doing something cool is a sort of certainty, though. So let's look out for that.
PSG XI to face Valencia: Sirigu; Jallet, Alex, Sakho, Maxwell; Lucas, Matuidi, Verratti, Pastore; Ibrahimovic, Lavezzi.
Valencia XI to face PSG: Guaita; Joao, Rami, R. Costa, Guardado; T. Costa, D. Parejo; Feghouli, Ever, Jonas; Soldado .
Good evening. Welcome to our live minute-by-minute commentary of Valencia and PSG's Champions League last 16 first leg. It'll be a good game, and that's a promise. You can't say fairer than that. Here comes the team news.