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The decision comes ahead of a crisis meeting on Tuesday where UEFA will consider all options for the next period, including possibly postponing the Euro 2020 tournament scheduled for June and July.
City, who have conceded at least two goals in six of their seven games in the Champions League knockout stages under Pep Guardiola, will also be without yellow-carded Fernandinho for the return leg in Manchester on March 12.
Cristiano Ronaldo failed to terrorize his former city rivals, as Atletico's Uruguayan central defensive duo scored in a surprising, deserved 2-0 victory.
Liverpool simply could not find the fluency and rhythm that brings the best out of their forward line although they will be pleased, in the absence of their defensive rock Virgil van Dijk, to have kept out Bayern.
Barca have now failed to win any of their last six away games in the Champions League knockout stage, with their last victory coming at Arsenal in February 2016.
Barcelona took their chances with clinical precision as Liverpool wasted a string of opportunities that fell their way.
The long wait for this game has benefited Spurs in particular with striker Harry Kane recovering from his ankle injury and declaring himself fit and ready.
Trent Alexander-Arnold's quickly-taken corner while Barcelona's defenders were still regrouping enabled an unmarked Divock Origi to fire home the goal that allowed Liverpool to advance to the final with a 4-3 aggregate win.
Tottenham refused to lay down and when Moura scored in the 55th minute the impossible began to seem possible for the north London club.
Had David Neres's shot not bounced back off the base of the post late on it would have been an even more calamitous night for Mauricio Pochettino's struggling side.
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