Who are the favourites this season? Goal takes a look at the contenders.
Who are the favourites to win the Champions League?
Manchester City are 10/3 favourites to win the Champions League with bet365 as they look to add European glory to their recent domestic success.
Pep Guardiola’s side have won the Premier League in two of the last three seasons but have not progressed past the quarter-finals of the Champions League in any of the previous three editions.
City qualified from a relatively straightforward group with ease, and are in good shape to reach the last eight after a 2-1 first leg win away against Real Madrid in their last-16 tie.
Bayern Munich are also 10/3 with bet365 to consolidate their recent consistency in the tournament with a sixth Champions League title, beaten Chelsea 3-0 in the last-16 first leg.
The German side have won Bundesliga seven times in a row and reached the semi-finals or better of the Champions League in five of those seasons, winning it once, and made headlines this season with a stunning 7-2 victory at Tottenham in their second group match.
Despite all their domestic titles, PSG have never got past the quarter-finals of Europe’s premier club competition and but did get past the last-16 for the first time in three seasons this time around.
Who are the Champions League underdogs?
Barcelona can be backed at 8/1 to win their first Champions League since 2015 after becoming one of the most consistent performers in the tournament over the last 12 years.
The Catalan giants have won it three times and reached the semi-finals a further five times since 2008, including last season when they surrendered a 3-0 first-leg lead to lose on aggregate against Liverpool in the final four.
Barca got through what was dubbed this season’s ‘group of death’, qualifying ahead of Borussia Dortmund and Inter, and must navigate past Napoli for a place in the last eight. The first leg finished 1-1 in Naples.
Three-time runners-up Atletico Madrid are also rated 8/1 to finally win the Champions League.
Diego Simeone’s men have seemingly rediscovered the form and style that saw them reach the final in 2014 and 2016 after beating holders Liverpool 4-2 on aggregate in the last-16.
After finishing third in Serie A, Atalanta are a 9/1 shot after beating Valencia in the last sixteen, but face a tricky task ahead of their quarter-final against PSG.
RB Leipzig are also 14/1 to win the Champions League in just their second-ever attempt, having lost just one of their six matches on their way to topping Group G.
They also reached the quarter-finals at the expense of Tottenham after a 4-0 win on aggregate, barely breaking a sweat to see off Jose Mourinho’s men.
Juventus could prove a popular bet at 16/1 after impressing in last term’s tournament before losing to Ajax in the quarter-finals, with Cristiano Ronaldo picking up where he left off at Real Madrid.
The Portuguese forward has not quite hit the heights of his last-16 hat-trick last season, though, with just two goals in the Champions League so far this time around.
Who are the Champions League outsiders?
Real Madrid are 20/1 to make it five Champions League crowns in the last seven seasons.
Their recent success came under the tutelage of Zinedine Zidane, who won three consecutive European titles before leaving in May 2018, only to return to the club in March 2019.
The Frenchman has won 26 of his 39 games in the competition as manager but faces a tough test to get past Man City in the last-16 after a 2-1 home defeat in the first leg.
Elsewhere, Napoli are 66/1, Lyon 100/1 with Chelsea 250/1 following a heavy first-leg defeat in the last-16.