Preview
By Josh Osgood
Last Updated: 11th November 2026
Who is the favourite for the 2026/27 Champions League?
Barcelona are the current favourites to win the competition. Currently Barcelona are 10/3
When is the 2027 Champions League final?
The final is on Saturday 5 June 2027. UEFA has not yet listed a specific kick-off time.
Where is the 2027 Champions League final?
The final will be played at the Estadio Metropolitano in Madrid, home of Atlético Madrid. It’s the second time the stadium has hosted the final, after 2019, when Liverpool beat Tottenham Hotspur.
How can I bet on the Champions League?
To bet on the Champions League with Spreadex you need to open a betting account.
Once your application has been approved you can use our Champions League betting hub to locate the markets you would like to bet on.
The current contenders for the Champions League this season, based on Spreadex's Outright Tournament Winner odds.
PSG - 10/3
Barcelona - 4/1
Bayern Munich - 9/2
Arsenal - 5/1
Real Madrid - 11/2
Manchester City - 9/1
Liverpool - 14/1
Aston Villa - 50/1
Manchester United - 66/1
Arsenal (5/1) - Arsenal are the favourite amongst the English clubs. After the devastating disappointment of losing last season's final to PSG on penalties, the Gunners will try go one better and win the UCL for the first time.
Manchester City (9/1) - Question marks over Man City's future remains, and depending on the final result of the Premier League case against City, this could be the Manchester side's last season in the Champions League for a while.
Liverpool (14/1) - Andoni Iraola is managing a side in the Champions League for the first in his career. His Liverpool side are a work in progress but have the best European history in England and Anfield in the knockout stages.
Aston Villa (50/1) - Despite Unai Emery's superb record in the Europa League, he's not had the same success in the Champions League. Villa reached the Quarter-Final stage in 2024/25 being defeated by eventual winners PSG.
Manchester United (66/1) - Based on United's start to the season it would come as a massive shock if they even reached the semi-final stage of the Champions League. The Red Devils haven't progressed past the Quarters since 2011.
Season
Winner
2025/26
Paris Saint-Germain
2024/25
2023/24
Real Madrid
2022/23
Manchester City
2021/22
2020/21
Chelsea
2019/20
Bayern Munich
2018/19
Liverpool
2017/18
2016/17
Remember that with spread betting, get the bet wrong and losses can exceed your stake/deposit so it's important you understand how each market works before setting an appropriate stake size for your bet.
Please note that this preview is not designed to offer any betting advice or suggestions. All prices quoted correct as of 9am Wednesday 11th November.
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