Home of football statistics and historyParis Saint-Germain will head into the 2026/27 Champions League as the bookmakers’ favourites to lift the trophy for the third consecutive season.
Canada’s sizeable contingent of French-speaking sports bettors will be eager to back the Ligue 1 club to emerge victorious when the final is staged next June.
Players on the Charmius Canada platform may feel that odds of 5/1 represent good value, particularly given PSG’s performances over the past two seasons. Charmius Canada offers players a range of gaming options and promotions, providing an additional way to engage with the Champions League season while following the outright betting market and assessing PSG’s chances of completing the three-peat.
With that in mind, read on as we look at the latest outright odds for the Champions League, before assessing whether PSG can complete the three-peat.
Champions League 2026/27 – Outright betting
- Paris Saint Germain – 5/1
- Arsenal – 6/1
- Bayern Munich – 6/1
- Barcelona – 13/2
- Real Madrid – 7/1
- Manchester City – 15/2
- Liverpool – 9/1
- Manchester United – 16/1
- Inter Milan – 25/1
- Atletico Madrid – 28/1
- Aston Villa – 33/1
- Napoli – 33/1
- Borussia Dortmund – 40/1
- RB Leipzig – 50/1
- Roma – 50/1
- Como – 50/1
- Villarreal – 66/1
- Real Betis – 66/1
- Stuttgart – 80/1
- Porto – 100/1
- Sporting CP – 100/1
- Lens – 125/1
- Lille – 125/1
- PSV Eindhoven – 125/1
- Feyenoord – 150/1
- Galatasaray – 150/1
- Lyon – 150/1
- Club Brugge – 200/1
- Fenerbahce – 200/1
- Bodo/Glimt – 200/1
- Sabah Baku – 200/1
- Slovan Bratislava – 200/1
- Shakhtar Donetsk – 250/1
- Slavia Prague – 250/1
- Dinamo Zagreb – 250/1
- AEK Athens – 250/1
- Viking – 350/1
- LASK Linz – 350/1
- Celje – 400/1
- Levski Sofia – 500/1
Champions League 2026/27 – Preview
Real Madrid (twice), Ajax and Bayern Munich are the only clubs who have previously been crowned European champions in three consecutive seasons.
That statistic highlights the size of the task facing PSG this season, but they undoubtedly have the ability to get the job done.
Manager Luis Enrique deserves enormous credit for moving PSG on from their superstar era and building a squad which is greater than the sum of its parts.
The club has continued to evolve this summer, using the proceeds from three high-profile sales to improve their attacking options.
PSG should make another deep run in the competition, but history shows that winning the title three years in a row is extremely difficult.
Last season’s runners-up Arsenal will fancy their chances of knocking PSG off their perch having strengthened their squad this summer.
They have steadily improved in the Champions League over the past couple of seasons and may be ready to finally get over the line.
Bayern Munich and Barcelona could also be dangerous, while 2022/23 winners Manchester City should also be in contention.
However, odds of 7/1 for Real Madrid to lift the trophy for a record extending 16th time are an extremely tempting proposition.
Madrid last won the Champions League in 2023/24 and will be desperate to return to the pinnacle of European football this time around.
Jose Mourinho has returned for his second stint as manager and he will be eager to prove that he should still be categorised as an elite-level coach.
Many critics believe that Mourinho’s best days are behind him, but he could make a mockery of that viewpoint this season.
Madrid have significantly strengthened their squad this summer, giving Mourinho the tools he needs to go to war with in Europe.
He is the first coach in history to win Champions League, Europa League and Europa Conference League, and winning the main prize again would add to his legacy.
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