2025/26 UEFA Champions League Knockout Draw & Odds - Real Madrid vs Benfica & PSG’s French Affair
The 2025/26 UEFA Champions League knockout phase draw is complete, and it's a thrilling lineup. Top seeded teams, including Arsenal and Bayern Munich, await their round of 16 opponents, while other giants like Real Madrid and Benfica prepare to face off once again in a highly-anticipated rematch. The road to the Puskas Arena in Budapest on May 30 promises exciting clashes with potential blockbuster encounters. Arsenal leads the betting market, followed closely by Bayern Munich, as they both aim to lift the prestigious European trophy.
- The UEFA Champions League knockout draw is complete
- Benfica vs Real Madrid rematch the highlights in the play-offs
- Arsenal & Bayern Munich remain favorites in the betting odds
The Road to Budapest - Heavyweights Collide in 2025/26 Champions League Knockout Draw
The draw is complete and the paths are set as the drama of the 2025/26 UEFA Champions League has reached fever pitch.
The top eight, led by a flawless Arsenal and a resurgent Bayern Munich, watch from the sidelines with a bye to the round of 16. The remaining teams will fight through a play-off round.
From an all-French showdown to a rematch of one of the league phase's most chaotic games, the road to the Puskas Arena on May 30 is officially mapped out.
The Knockout Phase Play-Off Draw
The draw produced several mouth-watering ties, most notably a repeat of the Matchday 8 thriller between Real Madrid and Benfica.
Just days after Benfica keeper Anatoliy Trubin scored a last-gasp equaliser against Los Blancos, the two giants meet again with their season on the line.
| Home (1st Leg) | Away (1st Leg) |
| Benfica | Real Madrid |
| Monaco | Paris Saint-Germain |
| Borussia Dortmund | Atalanta |
| Juventus | Galatasaray |
| Newcastle | Qarabag |
| Club Brugge | Atletico Madrid |
| Bodo/Glimt | Inter Milan |
| Olympiacos | Bayer Leverkusen |
Path to the Final
The new bracket format means teams now know their potential opponents all the way to Budapest.
Arsenal and Manchester City find themselves in a potential collision course in the quarter-finals.
However, City have a dangerous path that could see them face the winner of the Real Madrid/Benfica tie or Inter Milan in the round of 16.
Liverpool are on track to meet PSG or Barcelona in the quarter-finals.
Betting Market - Who are the Favorites?
The bookmakers have Arsenal the favourites after Mikel Arteta's side dominated the league phase. Bayern Munich are close behind with Harry Kane in the form of his careere.
Lamine Yamal’s emergence as a global superstar has Barcelona in the mix and Pep Guardiola's Manchester City are always a threat with Erling Haaland up front.
Defending champions PSG have the weapons to defend their title with Liverpool and Real Madrid longer odds due to their inconsistent campaigns. Can they fire when it counts?
Chelsea have a faint hope and Inter Milan supporters will be snapping up the 29.00 odds after reaching the final last year.
| Team | Odds |
| Arsenal | 4.50 |
| Bayern Munich | 5.50 |
| Barcelona | 8.00 |
| Man City | 8.00 |
| PSG | 9.00 |
| Liverpool | 11.00 |
| Real Madrid | 13.00 |
| Chelsea | 19.00 |
| Inter Milan | 29.00 |
| Tottenham | 29.00 |
| Atletico Madrid | 41.00 |
| Newcastle | 41.00 |
| Sporting CP | 67.00 |
| Juventus | 67.00 |
| Borussia Dortmund | 81.00 |
| Atalanta | 81.00 |
| Bayer Leverkusen | 81.00 |
| Benfica | 101.00 |
| Galatasaray | 151.00 |
| Monaco | 151.00 |
| Club Brugge | 251.00 |
| Olympiakos | 251.00 |
| Bodo/Glimt | 351.00 |
| Qarabag | 501.00 |
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