Champions League 2024-25 odds: Favourites and semi-finalists ranked

The 2024-25 Champions League has reached the semi-final stage
Defending champions Real Madrid are still in the competition, but face an uphill struggle to turn around a three-goal deficit from the first leg. Paris Saint-Germain and Barcelona have both booked their place in the last four,
As a result of the change in format, we now know the full draw to the final. So, who are the favourites?
2024-25 Champions League winner odds
2024-25 Champions League favourites ranked
Inter Milan
Inter Milan are into the semi-finals of the Champions League for just the second time in the past seven seasons since their return to the competition. The last time they reached this stage was in 2022-23 when they, of course, finished as runners-up to Man City. But they followed that up with a last-16 exit last season. This season, Inter Milan secured an automatic place in the last 16 after finishing fourth in the group stage with six wins from eight, drawing one and losing one. The Nerazzurri were drawn against Feyenoord in the last 16, and won 4-1 on aggregate. After a famous 1-2 win at the Allianz Arena in the first-leg of their quarter-final, Inter were able to play out a 1-1 draw at the San Siro to secure a final four spot.
Arsenal
Arsenal are still awaiting their first Champions League title but they’ve put themselves in a great position to claim their maiden title, with six wins from eight group stage matches. It secured the Gunners a third-placed finish in the group stage, and safe passage to the last 16. They only dropped points in two visits to Italy, drawing with Atalanta and losing to Inter Milan. A clash against Dutch side PSV came in the last 16 and Arsenal secured a big 9-3 aggregate victory. Their reward? Two legs against Real Madrid. It looked to be a daunting task, but the Gunners did beat Real Madrid 3-0 at the Emirates in the first leg and were able to see out the tie in emphatic fashion with a 1-2 away win in the Spanish capital.
PSG
Paris Saint-Germain have made life hard for themselves in the Champions League this season, as their quest for a first European triumph continues. The French champions finished 15th in the group stage with three defeats and had to go through the knockout phase play-offs. There they faced fellow French side Brest and cruised through with a 10-0 aggregate victory. Liverpool awaited in the last 16 and PSG overcame the odds (and a 0-1 first-leg defeat) to advance on penalties. Another English team, in Aston Villa, are up in the quarter-finals, but after a 3-1 win after the first leg and a 3-2 defeat at Villa Park they have booked their place in the last four.
Barcelona
No one really knew what to think about Barcelona going into this season’s Champions League. But they are now favourites. The Blaugrana finished second in the group stage, earning direct passage to the last 16. They were drawn against Benfica and looked to be up against it in the first leg, going down to 10 men. But they won that game 0-1 and took the second leg 3-1 to secure their quarter-final spot for the second successive season. Dortmund offered little resistance in the first leg of their quarter-final, with Barca winning 4-0. However, the German side managed a 3-1 win in the second leg, but it wasn’t enough to prevent Barcelona from advancing to the semi-finals.
2024-25 Champions League quarter-final results
Tuesday 8th April
- Arsenal 3-0 Real Madrid
- Bayern Munich 1-2 Inter Milan
Wednesday 9th April
- PSG 3-1 Aston Villa
- Barcelona 4-0 Borussia Dortmund
Tuesday 15th April
- Aston Villa 3-2 PSG (PSG win 5-4 on aggregate)
- Borussia Dortmund 3-1 Barcelona (Barcelona win 5-3 on aggregate)
Wednesday 16th April
- Inter Milan 1-1 Bayern Munich (Inter Milan win 3-2 on aggregate)
- Real Madrid 1-2 Arsenal (Arsenal win 5-1 on aggregate)
2024-25 Champions League semi-final draw
- Arsenal vs PSG
- Barcelona vs Inter Milan