The starting gun in the race to become the kings of Europe has been fired – and Paddy Power’s latest Champions League odds suggest the crown could be heading back to England.
Clubs are getting to grips with the new Champions League format and after eight rounds of fixtures in the league phase, we have already waved goodbye to 12 potential hopefuls for the crown.
Premier League trio Arsenal, Aston Villa and Liverpool are sitting comfy having avoided the dreaded play-offs, but Manchester City will need to beat Real Madrid in the play-offs if they are join their English rivals in the last-16 stage of the competition.
It will require a marathon effort to win the Champions League, but who are the favourites to claim the prize? You can see Paddy Power’s latest outright prices via our snazzy widgets below.
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Liverpool
Liverpool have been European champions on six occasions and Arne Slot would endear himself to the Anfield faithful if he were to lead the club to big ears again.
The Reds, who reached the final as recently as 2022, topped the league phase, with Mohamed Salah firing on all cylinders, and look likely to be in the mix for the title.
Real Madrid
Real Madrid have a target on their backs as the current champions of Europe – and the most-successful team in continental history.
As well as boasting the best eyebrows in the game, Blancos boss Carlo Ancelotti can call upon red-hot attacking options including new boy Kylian Mbappe, Vinicius Jr, Rodrygo and Jude Bellingham.
A 3-2 victory at Manchester City in the first leg of their play-off tie means they have one foot in the last 16.
Arsenal
Arsenal haven’t even been the kings of England in more than two decades, but they are among the leading fancies in our Champions League outright market.
The Gunners have taken a step forward every season under Mikel Arteta and reached the quarter-finals of 2023/24 Champions League. Can they go further this time around?
Barcelona
Barcelona have climbed the market after a number of big victories in the competition under Hansi Flick that saw them automatically progress to the last 16.
The former Germany manager is enjoying a decent start to life at the Catalan giants and it looks like they could be major players at the business stage of the tournament.
Bayern Munich
Six-time winners Bayern Munich can often be found in the later stages of the Champions League and if Harry Kane is to ever get his hands on a trophy then what better than one of the biggest in the game.
The appointment of Vincent Kompany as Thomas Tuchel’s successor represents a bit of a risk on Bayern’s part as the former Burnley boss struggled in the Premier League last term.
Read More on the Champions League
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- Our guide to the best Champions League betting tips for the 2024/25 campaign
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