Centre-half Terry was shown a red card in the first half of the semi-final second leg against Barcelona in the Nou Camp when he kneed Alexis Sanchez in the back. UEFA confirmed while the banned skipper could not watch the game from the bench, he would be able to join in with any post-match celebrations and could receive a medal.
However, the Blues are set to also be without Ramires, Raul Meireles and Branislav Ivanovic, who will all serve a one-match suspension after picking up their third bookings in the competition in Tuesday night's tie, which ended 2-2 following a late goal from Fernando Torres as the Barclays Premier League club progressed 3-2 on aggregate.
The international players' union FIFPro have issued a plea for clemency by UEFA to allow the players, three from each club, who were all shown yellow cards in the semi-finals, to play.
The players' union points out UEFA will adopt FIFA's policy for Euro 2012 where existing yellow cards are waived after the quarter-finals.
With the current ruling set to stand, Bayern are set to be without Luiz Gustavo, David Alaba and Holger Badstuber as they aim to win the trophy in their own Allianz Arena.
UEFA, though, also indicated it would not be changing policy as there would not be enough time to have any potential rule amendments ratified.
Chelsea chief executive Ron Gourlay said on BBC Radio Five Live: "We are very disappointed to be missing these four key players. I am sure (manager Roberto Di Matteo) Robbie, as he's done since he took over, will find the best solution possible from the pool of players he has available.
"John will be with us, as all the other players will be with us - we will take the full pool - and we will all hopefully be able to celebrate and pick up winners medals if it comes good on the evening."
Chelsea have produced a remarkable end to what has been a difficult campaign to reach the finals of both the Champions League and FA Cup under interim boss Di Matteo following the departure of Andre Villas-Boas, who had only been appointed in the summer as successor to Carlo Ancelotti.
Source: PA
Source: PA