I'd agree that the wording of the paraphrase didn't quite match, but he did say that the final was a clear path once those teams were beaten - can a final be anything more than a clear path? Who would he have expected to be there, I wonder.
I heard it as dismissing that City beat Bayern and Real, which is fairly mad, inconvenient details and all that.
If he'd just said that the other half of the KO phases were not that strong, that would be more arguable. It was - Milan, Inter, Napoli, Benfica, Porto, Brugge, Eintracht, Spurs is fairly non-descript in most years.
Shoehorning Liverpool in was just desperate.