Liverpool, Barcelona, Real Madrid: Who are 2022/23 Champions League favourites?

Real Madrid got the European season truly underway with victory in the UEFA Super Cup on Wednesday night.

While qualification for the Champions League, Europa League and Europa Conference League has already commenced, it was in Helsinki this week that the continental campaign really moved up the gears.

That’s because Real consolidated their 14th European Cup by securing the Super Cup for the fifth time in their history, winning 2-0 courtesy of goals from David Alaba and Karim Benzema either side of half-time.

However, with the Super Cup mostly ending up in the hands of the Champions League winner anyway, it can be hard to make too many inferences as to who will go onto win ‘Big Ears’ later that year.

After all, with the exception of Real’s ‘threepeat’ under Zinedine Zidane between 2016 and 2018, no team has been able to retain the Champions League title since the competition’s 1992 rebrand.

As such, there’s good reason to think that another one of Europe’s biggest clubs will dethrone Carlo Ancelotti’s men over the next nine months to crown themselves as kings of the continent.

But who are the favourites to go all the way this season? Well, on the back of Real’s latest piece of silverware, we couldn’t resist finding out exactly that by looking at the latest odds from the bookmakers.

In particular, we turned to Paddy Power’s outright odds for the 2022/23 Champions League winners to take a peek at who they consider to be the most and least likely clubs to be partying in Istanbul next summer.

From a rank outsider yet to actually qualify for the group stages to a European giant still waiting to win for the first time, be sure to check out what the odds – correct at the time of writing – consider to be this year’s favourites.