Home of football statistics and historyParis Saint-Germain will bid to add their name to a select group of clubs by winning the Champions League for the third consecutive season in 2026/27.
Real Madrid (twice), Ajax and Bayern Munich are the only teams who have previously lifted the prestigious trophy in three successive years.
PSG are the bookmakers’ favourites to retain the title, but a strong case can be made for suggesting that they will come up short this season.
If they do slip up, Bayern Munich will be among the leading contenders to win the Champions League in 2026/27 as they look to add another European crown to their illustrious history.
The German giants have previously won the competition three times in succession and will be hoping to mount another serious challenge after falling short in recent seasons. PSG enter the campaign as the defending champions and bookmakers’ favourites, but Bayern have been priced alongside Arsenal as the second favourites.
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With that in mind, read on as we look at the latest outright odds for the 2026/27 Champions League, before previewing what promises to be a fascinating competition.
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
- Man City – 15/2
- Liverpool – 9/1
- Man Utd – 16/1
- Inter Milan – 25/1
- Atletico Madrid – 28/1
- Aston Villa – 33/1
- Napoli – 33/1
- 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
- Celtic – 150/1
- Fenerbahce – 150/1
- Lyon – 150/1
- Club Brugge – 200/1
- Dinamo Zagreb – 200/1
- Bodo/Glimt – 200/1
- Sabah Baku – 200/1
- Slovan Bratislava – 200/1
- Shakhtar Donetsk – 250/1
- Slavia Prague – 250/1
- AEK Athens – 250/1
- LASK Linz – 350/1
- NEC Nijmegen – 400/1
- Celje – 400/1
- Viking – 400/1
- Levski Sofia – 500/1
- Hapoel Be’er Sheva – 500/1
Champions League 2026/27 – Preview
Having defeated Inter Milan and Arsenal to win the last two finals, PSG have earned their status as the favourites to win the Champions League.
PSG’s summer transfer business has been impressive, with the club tweaking their squad to ensure they keep things fresh for the 20267/27 campaign.
Maghnes Akliouche, Mika Godts and Ferran Torres are collectively an attacking upgrade on Goncalo Ramos, Randal Kolo Muani and Kang-in Lee.
If PSG can navigate the rest of the transfer window without losing any key players, they will be a tough nut to crack in Europe this term.
However, given that only three clubs have ever completed a three-peat in the Champions League, they make limited appeal at odds of 5/1 to achieve the feat.
Arsenal will fancy their chances of going one better after falling short in last season’s final, while Bayern are also expected to be competitive.
Barcelona’s summer transfer activity has boosted their hopes of winning the Champions League for the first time since the 2014/15 season.
La Liga rivals Real Madrid also fall into the category of ‘potential winners’ and look to be the value bet at odds of 7/1 to lift the trophy for the 16th time.
They have splashed the cash this summer, most notably on RB Leipzig winger Yan Diomande. He adds quality to an already formidable front line.
Marc Cucurella, Denzel Dumfries, Bernardo Silva and Ibrahima Konate are other noteworthy signings for a club which seems determined to bounce back from two trophyless seasons.
Jose Mourinho’s return for a second stint as manager is undoubtedly one of the most intriguing storylines in professional football this summer.
Many pundits believe that Mourinho is no longer an elite-level manager, but he will be desperate to make the doubters eat their words.
With further signings likely to be completed before the transfer window closes, Madrid are strongly fancied to return to the pinnacle of European football this season.
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