Here are the latest odds for the outright winner
Manchester City remain favourites to win their first-ever Champions League, ahead of the knock-out draw later this afternoon.
Pep Guardiola’s side are the 13/4 clear favourites at the top of the market, ahead of another Premier League side, Liverpool, who are 5/1 second-favourites.
Barcelona are the next most likely at 8/1, followed by PSG (15/2), Bayern Munich (8/1) and Juventus (14/1).
One of the most successful teams in UCL history, Real Madrid are 16/1, followed by Tottenham (25/1), Atletico Madrid (25/) and Chelsea (40/1).
Oddschecker spokesperson Callum Wilson: “As fans across the country await the draw with bated breath, punters across the country will wait and see if there's value after the draw.
"Will Man City's record of drawing inferior teams send their short price favouritism tag even shorter? Stay tuned for after 12 pm, where we'll bring you all the latest odds movements."
Champions League winner:
Man City - 13/4
Liverpool - 5/1
Barcelona - 8/1
PSG - 15/2
Bayern Munich - 8/1
Juventus - 14/1
Real Madrid - 16/1
Tottenham - 25/1
Atletico Madrid - 25/1
Chelsea - 40/1
Borussia Dortmund - 66/1
RB Leipzig - 66/1
Napoli - 66/1
Valencia - 150/1
