Champions League Outright Favourites: Barcelona & Liverpool Leading

The Champions League is back, and the draw has already reshaped the race for Europe’s biggest prize. With the league-phase fixtures confirmed, bookmakers have narrowed the field to a familiar group of heavyweights. Barcelona and Liverpool share the favourites tag, PSG look to defend their crown, while Arsenal, Real Madrid, and Manchester City are all close behind. Let’s look at this campaign’s UCL outright favourites.

ALSO READ: Transfer Deadline Day 2025: All the Biggest Deals Across Europe’s Top Leagues.

Barcelona (7.00)

Barcelona enter the season with renewed optimism after a dominant domestic treble and a strong build under Hansi Flick. Their high-pressing, fluid attack, powered by stars like Lewandowski, Yamal, and Raphinha, is widely regarded as one of Europe’s most lethal. Forward Lamine Yamal insisted the club will reclaim the “elusive” Champions League trophy soon. Their attacking identity and depth make them standouts in a high-risk, high-reward market.

Liverpool (7.00)

Liverpool rightfully share the favourites tag with Barcelona due to their pedigree and a balanced system under Arne Slot. They have made improvements to their squad, with the likes of Florian Wirtz and Alexander Isak joining an already talented squad. Their balance of dynamic offence and Champions League experience positions them as a favourite to watch.

PSG (7.50)

As defending champions, PSG remain formidable contenders at 7.50. Their experience in lifting the trophy last season, combined with their star-studded lineup, earns them a strong position in the market, even as pundits acknowledge the challenges ahead.

Arsenal (8.00)

Arsenal’s rise to title contention places them firmly in the conversation. Although they’re chasing their first Champions League crown, their cohesive squad and tactical maturity, evident from deep continental runs, make their 8.00 price a standout value for bettors. The Gunners have also made improvements from last season’s squad.

Real Madrid (9.00)

Real Madrid, with a record 15 European titles, are always a dangerous contender in this competition, but their path to another trophy may be trickier this season. They’re being priced slightly higher due to the challenging group-stage draw and change in the coaching department, with Xabi Alonso taking over from five-time winner Carlo Ancelotti.

Manchester City (10.00)

Man City round out the market leaders. While not the shortest price, their deep squad, Guardiola’s experience, and Premier League success make them credible threats. Their odds reflect their strength, but also acknowledge the crowded, competitive field above them.

This year’s Champions League race feels more open and high-stakes than usual. Liverpool and Barcelona lead the pack, combining form and pedigree. PSG and Arsenal offer compelling value, while Real Madrid and Man City remain elite options with potential for late pushes. As the group phase unfolds, standout performance narratives and injuries may reshape the frontline of contenders.