The 2019-20 UEFA Champions League will be the 65th season for the top club tournament in Europe. 32 teams will battle for a spot in the final, which will be played in Istanbul, Turkey.
Liverpool won the Champions League in 2018-19, beating Tottenham 2-0 in the final, but the Reds will have to settle for the third-best odds heading into the 2019-20 competition.
Odds to Win 2019-20 Champions League
Manchester City (+500) and Barcelona (+600) open as the favorites to lift the trophy next season with Liverpool right behind at +700 odds.
Real Madrid (+750) come in with the fourth-best odds and they've already made some big moves before the summer to acquire Frankfurt's Luka Jovic and Chelsea's Eden Hazard.
Juventus are listed at +900 which will surely be enticing for fans and bettors alike. Ronaldo has a season under his belt playing with Juve and the club has some really good young players including striker Moise Kean and defender João Cancelo.
However, right now is a risky time to pull the trigger since sporting director Fabio Paratici has revealed that there is currently no favorite to take over the managerial role after Massimiliano Allegri was let go following the season.
PSG (+900) are a wildcard considering Neymar's frequent ankle injuries and Mbappe's possible departure. At the moment I'd lay off the French side until more is known about their roster heading into the season.
At +1000 I'm certainly keeping an eye on Bayern Munich over the summer. They're in a strong position to transition from the likes of Frank Ribery and Arjen Robben with surging studs Serge Gnabry and Kingsley Coman, who have both proven they can make a difference on a top club around the world.