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Champions League winner odds: Reds head betting for European glory

| 23.04.2022

Outright Champions League winner odds ahead of the semi-finals

Liverpool and Manchester City remain on course to meet in the Champions League final having come through last week’s second legs in the last eight.

The Reds drew 3-3 with Benfica at Anfield to progress 6-4 on aggregate and are now the 6/5 favourites to win the competition for a second time in four seasons.

It’s England v Spain in next week’s semi-finals, so let’s look at the four contenders and their Champions League winner odds.


The Reds were 9/4 second favourites for a seventh European Cup success after the draw was made for the quarter-finals, but there are a couple of reasons why they have taken over at the top of the market.

Firstly, everyone expected Liverpool to face Bayern Munich in the semi-finals, but the German champions conceded two minutes from time to draw 1-1 with Villarreal for a shock 2-1 aggregate defeat.

Secondly, the Reds ran out 3-2 winners against City in the semi-finals of the FA Cup at the weekend in which Jurgen Klopp’s side held a 3-0 half-time lead.

Liverpool have the easiest draw and if you’re looking for omens they eliminated Benfica at the quarter-final stage in both 1978 and 1984 en route to winning Europe’s most prestigious club competition.

Manchester City

City’s bruising goalless draw with Spanish champions Atletico followed the expected script as they booked a clash with Real Madrid thanks to a 1-0 aggregate win.

Kevin De Bruyne, Ilkay Gundogan and Kyle Walker all picked up injuries in that game, although the first two were unused substitutes at Wembley on Saturday which suggested they were not quite fit enough to play.

Pep Guardiola made seven changes for the defeat by Liverpool after which he said: “I have a lot of confidence in my players and selections. I trust a lot of them. We had a terrible run of fixtures and travel and a lot of important games. That’s why we needed fresh legs.”

Those players may be back for the clash with Real Madrid, the team they beat home and away in the round of 16 two years ago, as we go 5/4 on City to win the trophy for the first time.

Real Madrid

The 13-time champions could not have asked for a tougher knockout stage having twice come back from the brink to reach the semi-finals.

Carlo Ancelotti’s side, close to winning La Liga for a record-extending 35th time, were 2-0 down on aggregate against PSG in the round of 16, but Karim Benzema turned the tie on its head with a hat-trick.

In the quarter-finals, the France striker scored another treble in a 3-1 win at defending champions Chelsea, who remarkably took a 3-0 lead in Madrid six days later only for Rodrygo to take the game into extra time when Benzema sealed the win for Los Blancos.

They will have to oust another European heavyweight to reach the final and are 6/1 in the Champions League winner odds.


Unai Emery enhanced his reputation as a European knockout specialist as Villarreal eliminated Bayern Munich thanks to a late equaliser from Samuel Chukwueze which sealed a clash with Liverpool.

Emery won the Europa League three times with Sevilla and won the same competition with the Yellow Submarine last season which meant they qualified for the Champions League.

The former Arsenal boss is at it again, overseeing knockout-stage wins against Juventus and Bayern, having finished ahead of Atalanta in the group stage.

They are unfancied at 20/1 in the Champions League winner odds but rule Emery out at your peril.

View the latest Champions League winner odds

All odds and markets correct as of date of publication



Warren Barner