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With football season upon us once more, the next several months are guaranteed to be packed full of thrills, spills, excitement, twists, turns, and heartbreak for many. See, who says being a football fan is easy?

With the EPL now set to kick off later this month, it won’t be long before the Champions League also gets underway. For many, the Champions League is the ultimate prize in competitive club football. Sure, winning the FA Cup is great, winning the league is even better, but beating the rest of the world’s greatest football teams for the Champions League? That’s the ultimate goal for football fans across the world.

Not only does Champions League football offer up some amazing fixtures, it also serves as a great opportunity to place some bets and potentially win some money in the process. But who will win this season?

Here’s what the betting sites in Ireland think as we explore the current Champions League odds for 2026/27.

PSG

Having won the title two years on the bounce, it’s easy to understand why Paris Saint-Germain are the clear favourites to win the Champions League title again.

Ladbrokes currently have them at 9/2, whereas BetVictor are offering 5/1 odds on PSG winning once more.

There’s just something about this competition that suits PSG’s style of football down to the last detail. Dembele in particular, is always one to watch and always looks threatening in this contest. After a largely successful World Cup, he’ll be firing on all cylinders and will be looking to help PSG make it three in a row.

Bayern Munich

If PSG are favourites, you just know Bayern Munich are also going to be up there, and up there they most certainly are.

Of course, all eyes will be on Harry Kane, and why wouldn’t they be? He seems to be setting record after record and just cannot stop scoring goals, for both club and country. He too enjoyed a very successful World Cup, and guided his country to a semi-final, and their best ever finish at the tournament since they won in 1966.

If Kane stays fit, he scores goals, and he too, always thrives in this tournament. Bayern are currently 6/1 with both BetVictor and Ladbrokes.

Barcelona

Whilst last season wasn’t their most successful in terms of Champions League football, the Catalan giants were still able to secure the Spanish La-Liga title in fairly emphatic fashion last season.

German coaches just seem to know how to get the best from their teams. Just look at Klopp’s Liverpool, and Tuchel’s England. Hansi Flick is no exception and will be looking to add another trophy to his resume this upcoming season.

Barca clearly have plenty of attacking options, with Raphinha looking sharp as ever and Lamine Yamal not only returning to fitness, but also buzzing off of Spain’s recent World Cup victory.

Barcelona are currently 13/2 with Ladbrokes, and 7/1 with BetVictor.

Arsenal

Finally, we have the current EPL champions, and Champions League runners up from last season, Arsenal.

Arsenal have looked as sharp as ever over the last twelve months or so, and when you examine the squad that they have at their disposal, you can certainly understand why that is. Declan Rice in particular, has looked hugely impressive, even if he is dealing with underlying injuries. Saka is also looking sharper as he returns to form. If these two link up like last season, their opponents are in trouble and will really need to watch for those set pieces.

If you believe Mikel Arteta can guide The Gunners to a Champions League trophy, Ladbrokes and BetVictor will both give you odds of 7/1.