Click here for final league table
Chelsea took a two goal lead in the first half with strikes from Jesper Gronkjaer and Frank Lampard but Monaco struck back just before half time.
Morientes made it 2-2 at the beginning of the second half and Chelsea seemed to concede the tie, knowing that they would need to score three goals in the last thirty minutes.
Monaco will now face FC Porto in the final, in Germany on 28th May
Chelsea can now only hope to finish second above Manchester Utd to clinch an automatic Champions League place. The tie was always going to be very close after a 1-1 draw in the first leg and Arsenal took the advantage just before half time in the second leg at Highbury when Reyes scored from close range.
Jesper Gronkjaer came on for Scott Parker at half time and Chelsea took control of the midfield.
A long range shot from Claude Makelele was spilled by the Arsenal keeper and Frank Lampard was the first to react, scoring, to make it 1-1 on the night.
As it was looking like the match was heading for extra time, a superb one touch pass from Eidur Gudjohnsen found Bridge inside the box and his cool finish sealed the win for Chelsea.
Chelsea will now face Monaco in the Semi-finals after they came from three goals behind to
beat Real Madrid on the away goals rule.
The first leg will be played at home at Stamford Bridge on 23rd or 24th March, with the return leg at Highbury two weeks later on 6th or 7th April.
If Chelsea manage to get past Arsenal, then they will face either Real Madrid or Monaco in the Semi-Finals.
Full Draw The 20 year old left-footed winger, who has scored in senior matches for both club and country, had been a long term target for Manchester United manager Sir Alex Ferguson but Robben has decided to join Chelsea.
Chelsea have signed a pre-contract agreement with PSV, which will see Robben moving to Stamford Bridge in the summer for a fee of around £12 million.
Click here for previous results.
28/04/2004 : Forssell To Stay At Birmingham
Chelsea have agreed for loan striker Mikael Forssell to extend his spell at Birmingham City for one more season
25/04/2004 : Arsenal Become Premier League Champions
Arsenal have won the Premiership today. After Chelsea lost at Newcastle earlier in the day, Arsenal only needed a draw away at Tottenham. The final score at White Hart Lane was 2-2 and Arsenal can no longer be caught by Chelsea.
06/04/2004 : Chelsea Knock Arsenal Out of Champions League
Wayne Bridge scored a dramatic last gasp winner for Chelsea, to send Arsenal
crashing out of the Champions League.
Click here for previous results.
12/03/2004 : Chelsea to Face Arsenal Again
Chelsea have been drawn against Arsenal in the Quarter Finals of the Champions League.
Qtr Finals:
Porto v Lyon
Real Madrid v Monaco
CHELSEA v Arsenal
AC Milan v Deportivo La Caruna
Semi-Finals:
CHELSEA or Arsenal v Real Madrid or Monaco
Porto or Lyon v AC Milan or Deportivo La Caruna
03/03/2004 : Chelsea Sign Dutch Winger
Chelsea have snatched the signing of influential PSV Eindhoven winger Arjen Robben from under the noses of rivals Manchester Utd.
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