The 2025-26 Champions League saw Paris Saint-Germain collect their second consecutive title.
Luis Enrique’s men beat Arsenal on penalties in the Budapest finale following a 1-1 draw, Gabriel Magalhaes’ miss proving to be the fatal blow for the Gunners.
The attention of the football world will now switch to the 2026 World Cup, though the latest outright Champions League odds are now available on NetBet Sport.
Let’s see who the frontrunners are…
*All odds are subject to change
Paris Saint-Germain – 6.00
Unsurprisingly, PSG are listed as the favourites after another dominant season, particularly in the knockout stage. Enrique is blessed with world-class talent in every single department, and only a fool would bet against the French champions emulating Real Madrid’s historic ‘ThreePeat’.
Arsenal – 7.00
Arsenal’s quest for a first Champions League title goes on, but Mikel Arteta’s men are improving with each season. The Gunners reached the quarters in 2023-24, the semis in 2024-25, and then agonisingly lost out in the recent final. Will 2026-27 finally be their year?
Bayern Munich – 7.00
Vincent Kompany has turned Bayern into a goalscoring machine, with Harry Kane, Luis Diaz and Michael Olise making up the most potent front three on the continent. PSG beat the German outfit 6-5 on aggregate in the 2025-26 semis, but the Bavarians will surely be back in contention next season.
Manchester City – 8.00
For the first time since 2016, City will enter a Champions League campaign without Pep Guardiola in the dugout. As such, it is hard to predict how the Citizens’ season will pan out, though the strength of the current squad – spearheaded by the goalscoring machine Erling Haaland – means they can never be underestimated.
Barcelona – 8.00
Barcelona are the dominant force in Spain right now after claiming back-to-back La Liga titles. Hansi Flick has turned the Catalan side into a well-oiled machine, one packed full of young superstars such as Lamine Yamal and Pedri. You do feel it is only a matter of time until Barca win their first Champions League trophy since 2015.
Real Madrid – 10.00
The kings of the Champions League, Real Madrid are always among the favourites to capture club football’s biggest prize. And with Jose Mourinho all set to return to the club following some off-field chaos in 2025-26, Los Blancos can have aspirations of adding to their record 15 triumphs.
Liverpool – 11.00
Liverpool enter a new era in 2026-27 after the recent dismissal of manager Arne Slot. So like City, it is hard to predict how the team will perform in the upcoming season. With Ibrahima Konate already confirmed to be leaving on a free transfer, you feel the Reds need serious investment over the summer months in order to challenge the rest.
Manchester United – 17.00
United are back in the Champions League fold thanks to Michael Carrick’s mid-season magic. The Red Devils eventually finished third in the Premier League, thanks in part to Bruno Fernandes’ record 21 assists, though it remains to be seen how the squad copes with the extra physical demands posed by European football.
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