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2026/27 Champions League Winner Odds - Can PSG win a third consecutive Champions League crown?
- PSG won the Champions League in the 2025/26 season.
- Barcelona and PSG favourites for the crown.
- Arsenal, Bayern Munich and Real Madrid next in the betting.
The UEFA Champions League trophy (Getty Images)
The 2026/27 Champions League season brings together the best sides in Europe in a battle for the most coveted trophy in club football.
PSG arrived as the reigning champions after securing consecutive crowns following their win on penalties over Arsenal in the final. While they managed to defend the crown they first won in the 2024/25 season, can they do it again this year?
You can see the latest Champions League winner betting odds in the table below.
| Champions League Winner | Odds |
|---|---|
| Barcelona | 4.50 |
| PSG | 4.50 |
| Arsenal | 6.50 |
| Bayern Munich | 7.00 |
| Real Madrid | 9.00 |
| Manchester City | 11.00 |
| Liverpool | 21.00 |
| Rest of the field | 34.00+ |
PSG's dominance on the pitch was clear for all to see as they stormed to yet another Champions League crown at the end of the 2025/26 season.
Their win over Arsenal in the final came after they eliminated Monaco, Chelsea, Liverpool and Bayern Munich. On the back of a very tough run to the final, few could argue with PSG being the worthy winners of the trophy.
This term, they have seen their odds of winning the competition shorten slightly after their heavy-weight clash with Barcelona. In that game, PSG ran out 4-2 winners in a thrilling match, although defeat was not enough to see the French side completely replace Barca at the summit.
The Spanish side are currently joint-favourites with PSG after three matches, with the pair impossible to split in the betting.
After the opening three rounds, PSG, Aston Villa, Liverpool, Real Madrid and Real Betis are the only perfect sides having won each time.
In a show of real strength for the competition, the likes of Aston Villa, Atletico Madrid, Napoli, Borussia Dortmund and Roma are all seen as outside shots to win the tournament. While each is a strong side, they are a few steps behind the very best.
This season, the focus for most will be on finding a way to loosen PSG's hold on the trophy. The French side have implemented a brand of football that has continually proved too much for their opponents. While the likes of Arsenal, Bayern, Barcelona and Real all have the ability to beat PSG in a one-off match, defeating their opponents across two-legs is incredibly tough.
With the new season underway, teams have to make sure their first few matchdays are positive, or they risk falling behind the top places. PSG have the benefit of being by far and away the best side in Ligue 1, meaning they have usually wrapped up the title long before the Champions League final.
Meanwhile, most of the other top sides have to play their best XI's until the end of the season as the battle for their domestic trophy goes down to the wire. Could this once again see PSG secure the biggest trophy in club football?
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