2025/26 Champions League favourites and odds

Ladbrokes looks at the latest Champions League 2025/26 odds, with Arsenal still the front-runners for continental glory.

Arsenal were already the favourites to win the Premier League come the end of the season, such has been their impressive start to the campaign, and they lead the odds in the Champions League having completed the league phase with a perfect record.

Eight wins from eight saw Arsenal guarantee their place in the round of 16, and secure their place at the top of the bookies' standings ahead of German champions Bayern, current holders PSG, Spaniards Barcelona, and fellow English side Manchester City - who make up the top five.

Ladbrokes previously fancied PSG as the favourites for a successive Champions League title, but their defeat to Bayern in GW4 caused a huge shift in the odds.

The French champions are now fourth favourites to be crowned kings of Europe again, alongside Man City, with Arsenal fancied for their first-ever Champions League triumph. Mikel Arteta's men have a perfect record in the competition so far this season - and Ladbrokes has odds for the Gunners to win multiple trophies in what could be a special season.

A Ladbrokes spokesperson said:

Arsenal rarely concede goals these days, and their miserly defence could well be the foundation that takes them all the way to Champions League glory. We certainly don’t see any side as likelier to win it all.

The Champions League round of 16 draw further strengthened Arsenal's place at the top of the odds, with a two-legged tie against Bayer Leverkusen being followed by a quarter-final against either Sporting CP or Bodo/Glimt.

Fifteen-time-winners Real Madrid find themselves as seventh-favourites in the Champions League betting odds, with three league phase defeats and a round-of-16 tie against Man City pegging them back.

Real are now behind Barcelona according to the bookies, with Liverpool the only other clubs with odds of 20/1 or below.

• PSG vs Chelsea

• Galatasaray vs Liverpool

• Real Madrid vs Manchester City

• Atalanta vs Bayern Munich

• Newcastle United vs Barcelona

• Atletico Madrid vs Tottenham Hotspur

• Bodo/Glimt vs Sporting CP

• Bayer Leverkusen vs Arsenal

There's still a long way to go in this season's Champions League, so expect the winner odds to potentially change over the next few matchdays as the knockout rounds burst into action.

Ladbrokes will have a Champions League accumulator published for each gameweek, with odds, tips and predictions.

View the latest football odds.

All odds and markets are correct as of the date of publication.