2025-26 Champions League winner odds and quarter-final draw

The road to the Puskas Arena in Budapest on 30 May has narrowed to eight contenders after Monday’s draw set the 2025-26 UEFA Champions League quarter-finals, with Premier League pacesetters Arsenal installed as 9-4 favourites to lift the trophy for the first time.

Mikel Arteta’s side, unbeaten through the league phase, advanced to the last eight by ousting Bayer Leverkusen 3-1 on aggregate, Eberechi Eze and Declan Rice sealing a 2-0 second-leg win at Emirates Stadium. They now meet Portuguese surprise package Sporting CP, whom they thumped 5-1 in last season’s group stage; bookmakers rate Arsenal 1-6 to reach the semi-finals while Sporting are 4-1 to spring the upset.

Bayern Munich, 10-2 aggregate conquerors of Atalanta, sit second in the betting at 100-30 and occupy the opposite side of the bracket, meaning a potential final showdown with Arsenal. The Bavarians’ reward is a blockbuster tie with 15-time winners Real Madrid, who dumped out holders Manchester City in the round of 16. Despite Madrid’s storied pedigree and attractive 7-1 quote, they must juggle a four-point La Liga deficit to Barcelona and a daunting path that could include Bayern, then either Paris Saint-Germain or Liverpool.

Barcelona’s 8-3 dismantling of Newcastle—capped by a 7-2 second-leg rout—has marked them as the competition’s most explosive attack. At 9-2 to claim a sixth European crown, they renew hostilities with Copa del Rey nemesis Atletico Madrid, 20-1 outsiders who edged them over two legs domestically yet trail by 13 points in the league table.

Reigning champions PSG, 8-2 aggregate winners over Chelsea, face Liverpool in the pick of the quarter-finals. The Parisians are 4-5 to advance; the Reds, defending champions of England but languishing domestically, are 19-20 to overturn the French side after another raucous Anfield comeback, this time against Galatasaray.

Sporting’s very presence in the draw is a tale of resilience: trailing Bodo/Glimt 3-0 after the first leg, they roared back 5-0 in Lisbon to progress and now carry 50-1 underdog status into their duel with Arsenal.

The quarter-finals will be played 7-15 April, with semi-finals pencilled in for late April and the final on 30 May. TNT Sports and Amazon Prime share UK broadcast rights.

Quarter-final ties: Arsenal v Sporting CP Bayern Munich v Real Madrid Barcelona v Atletico Madrid Paris Saint-Germain v Liverpool

Latest outright odds (bet365): Arsenal 9-4, Bayern Munich 100-30, Barcelona 9-2, PSG 5-1, Real Madrid 7-1, Liverpool 9-1, Atletico Madrid 20-1, Sporting CP 50-1.