Who is favourite to come out on top when Liverpool and Newcastle clash in the Carabao Cup Final.
Newcastle United are back at Wembley for their second Carabao Cup Final in three years, looking to claim their first major trophy since 1955.
Eddie Howe’s side earned their place in the final with an emphatic 4-0 aggregate victory over Arsenal in the semi-finals to send them to Wembley, hoping to go one better than their 2023 defeat to Man United.
They will face a formidable challenge in Liverpool, who are aiming to defend their title under new manager Arne Slot who looks to make history himself as the first Liverpool manager to win a trophy in his debut season since Rafa Benitez masterminded the ‘Miracle of Istanbul’ in 2004.
Liverpool, the most successful club in League Cup history with 10 titles, booked their place in the final with a dominant 4-1 aggregate win over Tottenham Hotspur. A 4-0 second-leg rout at Anfield turned the tie around after a 1-0 first-leg defeat.
This final will be only the second-ever domestic cup final meeting between Liverpool and Newcastle, the last being the 1974 FA Cup Final when Bill Shankly’s Reds triumphed 3-0. Now, 51 years later, Newcastle are determined to avenge that defeat and finally end their long wait for silverware.
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Carabao Cup Final Winner Odds
| Result | Odds | Implied Probability |
|---|---|---|
| Liverpool (Lift the Trophy) | 7/20 | 74% |
| Newcastle (Lift the Trophy) | 3/1 | 25% |
| Liverpool (90 Minutes) | 8/15 | 65% |
| Draw (90 Minutes) | 18/5 | 22% |
| Newcastle (90 Minutes) | 5/1 | 17% |
Carabao Cup Final Favourite
Liverpool are short priced favourites to lift the trophy at a best price of 7/20 with BetMGM.
Liverpool enter the final as defending champions, having edged Chelsea in the 2024 final thanks to a dramatic extra-time winner from Virgil van Dijk.
Liverpool have played at Wembley eight times since 2012 and have won six of those games with four coming in the Carabao Cup (2024, 2022, 2012).
Arne Slot will be eager to claim his first piece of silverware as Liverpool manager and after maintaining Liverpool’s unbeaten streak against Newcastle (17 games) in their 2-0 win at the end of February, he will be confident he can do so.
Newcastle, on the other hand, have shown their ability to compete with the Premier League’s elite under Eddie Howe.
They are a best price of 3/1 with Sky Bet to lift the trophy.
Their commanding performances in the semi-finals against Arsenal and their thrilling 3-3 league draw with Liverpool earlier this season prove they can go toe-to-toe with the best.
A victory at Wembley would mark a historic moment for the Magpies, ending a 70-year wait for a major domestic trophy.
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Carabao Cup Final Date, Time & Where to Watch
The Carabao Cup Final between Liverpool and Newcastle United will take place on Sunday, March 16, 2025, at Wembley Stadium in London.
- Kick-off time: 16:30
- Venue: Wembley Stadium, London
- Where to watch: The final will be available live on Sky Sports Main Event and Sky Sports Football, with coverage starting at 3:00 PM GMT. Sky Sports has exclusive rights to the Carabao Cup in the UK, but this year, they’ve partnered with ITV to offer free-to-air coverage—marking the first time in over a decade the final will be free on terrestrial TV. Tune into ITV1 for the same 4:30 PM kickoff.
