Barcelona have emerged as the leading favourites to win the 2026/27 UEFA Champions League, according to prediction market odds following the league-phase draw.

The Spanish giants currently have a 17 per cent chance of lifting the trophy, putting them ahead of last season’s finalists Arsenal, who have a 16 per cent probability.

Paris Saint-Germain, the defending champions, are third with a 15 per cent chance of retaining the title.

The odds, per PolyMarket, reflect the perceived chances of the leading clubs winning Europe’s biggest club competition.

Top 10 Champions League favourites