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Man City and Bayern Munich now joint-favourites for Champions League

Latest odds after the draw for the quarter-finals and semi-finals

Manchester City and Bayern Munich are the 3/1 joint-favourites to win the Champions League this season.

City, who lead Real Madrid 2-1 ahead of their last-16 second leg, will face either Lyon or Juventus in the quarter-finals if they go through.

Bayern are likely to face either Napoli or Barcelona. The Bundesliga champions are 3-0 against Chelsea, with the second leg still to play in Munich.

If both sides make it to the final four, they’ll meet each other in the semi-finals.

Paris Saint-Germain have been trimmed to 5/1 after being drawn against Atalanta, though they haven’t seen any competitive action since March. Barcelona are at 11/2 and Atletico Madrid a 9/1 shot.

“We think City and Bayern are the ones to beat in this very different Champions League campaign. There’s some mouthwatering clashes to come,” said Coral’s Harry Aitkenhead.

“PSG’s lack of match practice might catch them out, whilst Atletico Madrid saw off Liverpool and look lively outsiders in the betting,” added Aitkenhead.

Champions League quarter-finals

Real Madrid or Manchester City vs Lyon or Juventus

RB Leipzig vs Atletico Madrid

Napoli vs Barcelona vs Chelsea or Bayern Munich

Atlanta vs PSG

To win the Champions League

3/1 Manchester City, 3/1 Bayern Munich, 5/1 PSG, 11/2 Barcelona, 9/1 Atletico Madrid, 12/1 Atlanta, 14/1 RB Leipzig, 16/1 Juventus, 33/1 Real Madrid, 66/1 Napoli, 80/1 Lyon, 200/1 Chelsea

View the latest Champions League odds.

All odds and markets correct as of date of publication