1. Real Madrid (Spain)
The holders and winners on the previous two occasions, Zidane's side are 4/1 to win for a third successive year.
2. PSG (France)
The big spenders from France are 7/1 to win the trophy for the first time in their history.
3. Bayern Munich (Germany)
Carlo Ancelotti's side are third favourites with odds of 7/1.
4. Barcelona (Spain)
Messi and co. are also 7/1 to win the Champions League for the first time since 2015.
5. Manchester City (England)
Pep Guardiola's side are 10/1 to win the trophy despite never making it past the semi-finals.