Real Madrid Among 2018-19 Champions League Favorites

The Highlights

• Real Madrid are listed at 7-1 to win their fourth straight Champions League title in 2018-19.
• Barcelona and Manchester City are the co-favorites with 6-1 odds.
• Runners-up Liverpool are 14-1 to lift the trophy next season.

An incredible Gareth Bale goal put Real Madrid ahead in the 2017-18 final on their way to a third consecutive Champions League title, but the Spanish side don't have the best odds to win it next season.

Those honors go to Barcelona and Manchester City who are 6-1 co-favorites to deny Real Madrid a fourth straight European title.

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The 2018-19 final will take place on June 1 in Madrid, Spain at Atletico Madrid's new home stadium, Wanda Metropolitano.

Here are the latest odds from Skybet to win the Champions League title:

Favorites

Barcelona (6-1)

Barcelona easily won Spain's La Liga last year but were ousted in the Champions League quarterfinal by Roma after a second-leg meltdown. Their last UCL final appearance was in 2014-15 against Juventus in a 3-1 victory, but they've had to watch rivals Real Madrid rattle off three straight titles since. Lionel Messi and company are well-positioned to make another deep run next year.

Manchester City (6-1)

Manchester City were dominant in winning the English Premier League last season but were blown out by league foes Liverpool in the Champions League quarterfinal, 5-1, on aggregate. They can't quite seem to get over the hurdle in European competition, but oddsmakers have no choice but to give them the best odds next year. The team is loaded with young talent, and anything short of a semifinal appearance would be a disappointment.

Real Madrid (7-1)

It's not often that a back-to-back-to-back winner isn't the clear favorite in the following season, but that's what we're dealing with here. There has been some speculation that Cristiano Ronaldo and Bale could move on to other clubs, and they finished a distant third to Barcelona in La Liga, but they still have top talent all around. They've continued to find ways to beat quality teams in the toughest competition, so it'd be foolish to doubt them next year.

PSG (7-1)

PSG have been the dominant club in France over the last decade, but results haven't been as kind in the Champions League. They've been knocked out of the Round of 16 in the last two tournaments after four straight quarterfinal appearances, getting eliminated by Real Madrid, Barcelona (three times), Manchester City and Chelsea. They hope new head coach Thomas Tuchel can get them over the hump next season.

Bayern Munich (7-1)

Since winning the Champions League title back in 2012-13, they've been eliminated in either the quarterfinal or semifinal by a Spanish club (Barcelona, Atletico Madrid and Real Madrid). They've won six consecutive German Bundesliga titles, but their ultimate goal will be returning to the UCL final next June.