The Champions League is back! Three months after Paris Saint-Germain won the competition for the first time in team history with a 5-0 rout of Inter Milan in Munich, the draw for the league phase of the 2025-26 season has now mapped out the path to this edition's final in Budapest.
PSG, Real Madrid and Liverpool lead the list of favourites to emerge as Champions League winners in the Puskas Arena on May 30, 2026, but Arsenal, Manchester City, Bayern Munich and FIFA Club World Cup winners Chelsea will also have aspirations of lifting the trophy at the end of this season.