The 2023-24 UEFA Champions League winner odds are now on the board, with defending champions Manchester City topping the list. Will any other club step up to the challenge of facing Pep Guardiola’s squad, or will the Citizens keep the momentum going and win a second-straight European title?

Nitrobetting shares the early odds for the next European title holders. Despite taking the throne comfortably last season, we find a few contenders right behind the Citizens. The 2022-23 winners completed the distinguished “treble” that featured the Premier League, FA Cup, and UEFA Champions League crown in a single campaign.

Can anyone dethrone Manchester City? Let’s take a look at the latest UCL odds for the 2023-24 calendar.

Odds to Win the 2023-24 UEFA Champions League

THE CHAMPIONS. #UCLfinal pic.twitter.com/18vhD57G9f

— UEFA Champions League (@ChampionsLeague) June 10, 2023

A Closer Look at the Upcoming 2023-24 UEFA Champions League Season

Manchester City blew the competition in the early part of the year. This is a statement that struck the heart of its opponents. With no major speed bumps or injuries throughout the run, and Earling Haaland looking like the best player in the world right now, the Citizens headline the competition until another club comes in to sweep them out from under.

The next best team comes in the form of the Bundesliga unit. Bayern Munich failed to keep up with City in the previous campaign, falling in the hands of Pep Guardiola and company in the quarterfinals. There have been issues at the top of the organization despite Bayern claiming their 11th-consecutive Bundesliga title, as chief executive and former Bayern Munich goalkeeper Oliver Kahn and director Hasan Salihamidzic were fired shortly after the championship-clinching bout. Julian Nagelsmann was also shown the door earlier in the year.

Trailing the two juggernauts of European soccer is another multiple UEFA Champions League winner Real Madrid. The La Liga club will enter the pitch with a lineup without 2022 Ballon d’Or winner Karim Benzema. Can Los Blancos gain traction with a relatively new player pool and have their revenge on Man City after falling in the hands of the Premier League side in the previous semifinals?

Matchday 1 of the Group Stage kicks off on September 19-20, 2023, with the drawing held at the end of August. The sixth and final matchday happens between December 12-23. The knockout stage starts on February 13-14, 2023, with another round of drawing happening on December 18, 2023. The round closes on March 12-13, while the quarter-final draw happens on March 15, 2024.

All home-and-home quarter-finals are played on April 9-10 and April 16-17. The home-and-home semifinals shortly follow on April 30 to May 1 and May 7-8. Closing off the tournament is a do-or-die Finals match held at Wembley Stadium on June 1.

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