The LaLiga champions produced another stunning comeback to beat Manchester City 3-1 on Wednesday night.
Schmeichel pointed out that Madrid scored from their first shot on target in the 90th minute and also netted from their next two shots.
“Their first shot was their first goal in the 90th minute. Their second goal was from their second chance.
“Their third goal was the third time they hit the target.
“Real Madrid have no right to be in that final. They were the poorest team in the tie by a mile.
“Man City were the better side. But it was that one moment that changed everything,” he said.