Champions League winner odds: 3 teams carry value in Europe

PSG are the favourites, but will have competition as the tournament advances. They will be tested as they have some crucial games coming up.

All odds are courtesy of US Sportsbooks, correct at the time of publishing and subject to change.

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PSG - The reigning champions

Paris Saint-Germain were the best team in Europe last season, not just for winning the Champions League, but also for their overall performances. Luis Enrique’s side seem untouchable.

They’ve continued that form this season, as they’ve won 10 of their 13 games so far - and scored a lot of goals. They came from behind to clinch the Super Cup against Tottenham Hotspur and have topped Ligue 1 again. The Parisiens have also won three UCL games this season, scoring a total of 13 goals in victories over Atalanta, Barcelona, and Bayer Leverkusen.

Beating Barca in Barca seemed like another statement. However, they’ve demonstrated their strength against Leverkusen by scoring seven goals. What’s also impressive is that no single player has over four goals so far. Instead, 16 different players got on the scoresheet. They’ve continued to score despite missing Ballon d’Or winner Ousmane Dembele due to injury.

Enrique has built something special, and they can only improve. They face Bayern Munich next week, though, and that will be their biggest test of the season so far. It won’t define their campaign, but it’ll show how they measure up against another in-form team.

PSG certainly have what it takes to win the Champions League this season. They have quality throughout the squad and genuine depth.

Arsenal - The Gunners are gunning

Arsenal may finally clinch the Champions League title this year. They’ve shown clear progress recently, and this season they seem to have an edge that could help them succeed. They’ve won 11 of 13 games and are yet to concede in the UCL so far.

Mikel Arteta has developed a ruthless and organised squad, and they’ve kept five consecutive clean sheets so far. Only three teams have managed to score against them all season, and they’ve looked fantastic throughout. The weekend’s results put the Gunners four points clear at the top of the Premier League table. This is a position that they rightly deserve.

New signings have settled in nicely, stars of 2024/25 have kept up their form, and Viktor Gyokeres tops their scoring charts. The North London giants have had a fantastic start. They’re also one of only five teams with a 100% record in the UCL so far.

Arsenal are in great form right now, giving the players confidence that they can succeed in every competition. Whether they can go all the way in the league and in Europe, however, is still uncertain.

Arsenal have the quality. However, the concern is that their Premier League ambitions could damage their Champions League ones.

Bayern Munich - Kane and Co. are in excellent form

No other team in Europe’s top five divisions have had a better start to the season than Bayern Munich. They’ve won every single game they’ve played and already lead the Bundesliga by five points clear. Only Real Madrid have secured more league points (27/24), and Los Blancos have played two more matches.

Vincent Kompany has got the Germans into excellent form, and they’re regularly dominating teams. They’ve scored 4+ in six of their 13 matches, and have also won all three of their UCL games. Nobody will be looking forward to facing Die Bayern in their current form, not even Europe’s elite.

It helps that they have a striker in stunning form. With 27 goals and assists in his last 18 games, Harry Kane has a case for being the best player on the planet currently. He’s scored 12 goals in eight in the Bundesliga and five in three UCL fixtures - and he is unlikely to stop scoring.

Kompany’s men have got a bit of everything, and they’ll definitely be backing themselves to win multiple trophies this season. Regarding their European hopes, the next two games will determine where they’re at. They will play PSG in Paris first, and then Arsenal in London.

With their depth, and relative lack of competition in the league, Bayern have got a great chance of clinching the UCL trophy.