Although Chelsea have had a favourable run to the Club World Cup final, they will face their toughest test when they play PSG in the final.
2025 Club World Cup Winner Odds
All odds are courtesy of BetMGM, correct at the time of publishing and subject to change.
| Club World Cup winner | Odds |
| PSG | -320 |
| Chelsea | +275 |
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Unsurprising all-European final
The bookmakers have fancied the European sides before the start of the tournament, and their sentiments have proved to be true as both finalists are from Europe. It’s not surprising to see PSG in the final, who could now become champions of the World and Europe. Although Chelsea were at long odds before the tournament began, they were able to get this far because of their favourable draw.
PSG (-320)
Champions of Europe, PSG, have easily beaten Real Madrid 4-0, even though they weren’t heavy favourites. They’ve made a real statement of intent ahead of a final match against more favourable opposition on paper.
Madrid were in excellent form and improving under Xabi Alonso. Therefore, PSG have displayed their strength by easily dominating them. They were expected to be hard to stop even before the start of the tournament. Now, with just 90 minutes separating them from a historic achievement, it’s hard to look past them here.
The Parisians have already lifted four trophies this season, having won two domestic cups, the Ligue 1 title, and the UEFA Champions League. Winning the Club World Cup trophy could complete a full set for them, and a total of five major titles - a feat that was never achieved before.
Chelsea (+275)
Backing Chelsea after the group stage, owing to their favourable route to the final, was wise. However, their odds now are almost a quarter of what they were then. Their odds would likely be much shorter than they are currently if they weren’t set to face such a formidable opponent.
It’s still unclear how strong the Blues are, as they’ve only played against weaker opponents so far. They beat Fluminense 2-0 to reach the final, who are arguably the toughest side they’ve faced so far. Additionally, they’ve played LAFC, Flamengo, Esperance, Benfica, and Palmeiras, none of which are PSG’s calibre.
Chelsea have a star-studded squad on their side, but that doesn’t always count for much against PSG, as Madrid found out on Wednesday. The prize money is a huge incentive for them, especially given their high spending amidst PSR concerns.
Any remaining value is all in Chelsea
For bettors looking for value in the Club World Cup final, it’s impossible to look beyond Chelsea in the outright market. With a formidable PSG side at such short odds, it’s unlikely that they won’t complete their quintet. However, Chelsea's presence in the competition alone means they have a small chance of winning.
Finals can always be surprising, which makes the Blues’ hefty odds a little attractive. However, similar arguments were made for Inter Milan in the Champions League final when they faced PSG, and the French side won 5-0. Therefore, they face an uphill battle.
Yet, with four wins in a row, Enzo Maresca’s men have momentum on their side, no matter the strength of the opponents they've beaten. The addition of Joao Pedro seems to have strengthened the Blues as they’ve reached this stage due to his winning brace in the semi-finals.
In a one-off game, players with exceptional skill, like Joao Pedro and Cole Palmer, could surprise PSG. The underdogs were evidently triumphing in European competitions, and Chelsea can hope to do the same.
Whether Chelsea can actually win depends on your outlook on the game. On paper, at least, the Blues appear to be a more favourable opponent than Bayern and Madrid, teams PSG defeated to reach this point, which isn't good for Chelsea. However, Chelsea do have the squad depth to compete with any side in this tournament, so they shouldn’t be written off.
Bettors looking for value in the outright market should consider a small bet on Chelsea, as it may be the only promising option. A PSG win remains the most likely outcome, but at such short odds, it would require a large play to get a decent return. It might be a good idea to closely examine the 90-minute market to find value.