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UEFA Champions League Outright Odds: Liverpool favored ahead of knockout stage

Who will win the UEFA Champions League in 2024/25?

The 2024/25 edition of the competition will see the group stage replaced by the league phase, which will be the first time the format is used in the tournament.

The league phase will see each team play eight games against eight different opponents, which is two more games than each team played under the group stage format.

While the new format could trip up some of the favorites early on, we're going to focus on the competition's latter stages here as we look at the outright odds heading into the 2024/25 UEFA Champions League.

2024/25 UEFA Champions League - To Win Outright

Liverpool

+450

Real Madrid

+600

Barcelona

+600

Arsenal

+600

Man City

+800

Bayern Munich

+900

PSG

+1400

Inter Milan

+1400

Atletico Madrid

+1600

Bayer Leverkusen

+2000

Entering the knockout stage of the UEFA Champions League, Liverpool are the outright favorites at +450 after finishing atop the table in the League Phase.

Liverpool won seven games and lost one, ending the League Phase with a +12 goal differential. Mohamed Salah, Luis Diaz and Cody Gakpo finished tied for the team lead in goals with three each, and only two teams conceded fewer goals through the first eight games.

Three teams are tied as second-favorites at +600: Real Madrid, Barcelona and Arsenal.

Real Madrid, 15-time UEFA Champions League winners, will have to go through the play-in round after finishing 11th in the League Phase. Vinicius Jr. led Los Blancos with seven goals and Jude Bellingham and Luka Modric each had three assists.

Barcelona finished second and was the top-scoring team with 28 League Phase goals, led by Robert Lewandowski's nine goals and Raphinha's eight. Raphinha also had four assists and used the inaugural League Phase to establish himself as one of the world's top players this season.

Arsenal finished third in the League Phase - behind Barca on goal differential - and conceded just three goals in their eight matches. Kai Havertz and Bukayo Saka led the way with four goals each, and manager Mikel Arteta will hope key players such as Saka, Ben White and Takehiro Tomiyasu return in time for the knockout stage.

Manchester City are next in the odds at +800. The Sky Blues narrowly scraped through the League Phase, finishing 22nd out of 24 teams who stayed alive in the competition. Erling Haaland scored six goals in his team's eight games.

The last team with odds shorter than 10/1 to win it all is Bayern Munich (+900). Bayern attackers Leroy Sane, Jamal Musiala and Michael Olise have all shined at various points in the League Phase, but like City and Real Madrid, the German side will have to get through the play-in round ahead of the round of 16.

The next tier of contenders, from 14/1 to 20/1, are PSG, Inter Milan, Atletico Madrid and Bayer Leverkusen. Bradley Barcola and Ousmane Dembele starred for PSG, Inter conceded just one goal from eight League Phase games, Atleti won its final five games as Antoine Griezmann and Julian Alvarez dominated, and Bayer conceded just seven goals as Florian Wirtz scored six goals.

Further back in the odds, from 33/1 to 50/1, are Aston Villa, Atalanta, Lille, Borussia Dortmund and AC Milan.

Read the latest UEFA Champions League news on site.

Odds displayed within this article were correct at the time of writing and are subject to change.

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