The UEFA Champions League is back. The 2026/27 season kicks off on September 8, 2026, and the draw has thrown up some mouth-watering fixtures right from Matchday 1. Defending champions Paris Saint-Germain are chasing an unprecedented third consecutive title, a feat not achieved since Zinedine Zidane’s Real Madrid won three in a row between 2016 and 2018.
This season’s league phase is the third edition under the new 36-team format. Every team plays eight matches against eight different opponents — four at home and four away. The stakes are high, and the matchups are mouth-watering.
Champions League 2026/27: What’s New This Season?
The 2026/27 season marks the 72nd edition of Europe’s premier club competition and the 35th under the Champions League name. The final will be played at the Estadio Metropolitano in Madrid on June 5, 2027.
The league phase features 36 teams competing in a single table. Each club plays eight matches against eight different opponents. Four games are at home and four are away. The top eight teams qualify directly for the Round of 16. Teams finishing 9th to 24th enter a two-legged play-off round. The bottom 12 teams are eliminated.
The draw was held on August 27, 2026, at the Grimaldi Forum in Monaco. Defending champions PSG headline the competition, with Arsenal, Bayern Munich, and Manchester City among the other favourites.
The Format Explained
| Detail | Information |
| Teams | 36 |
| Matches per team | 8 (4 home, 4 away) |
| League phase dates | September 8, 2026 – January 27, 2027 |
| Top 8 | Qualify directly for Round of 16 |
| 9th to 24th | Enter knockout phase play-offs |
| Play-offs | February 16/17 and 23/24, 2027 |
| Round of 16 | March 9/10 and 16/17, 2027 |
| Final | June 5, 2027 at Estadio Metropolitano, Madrid |
The new format has created more high-stakes matches earlier in the competition. No team is safe until the final matchday.
Pot 1: The Elite Eight
The nine Pot 1 teams are the highest-ranked clubs in Europe. They include:
– Paris Saint-Germain (holders)
– Bayern Munich
– Real Madrid
– Liverpool
– Inter Milan
– Manchester City
– Arsenal
– Barcelona
– Atlético Madrid
These teams will face each other in some of the biggest fixtures of the league phase.
Marquee Matchups to Watch
Real Madrid vs Inter Milan (Matchday 1, September 8)
The standout fixture of the opening round. Real Madrid host Inter Milan at the Santiago Bernabéu. Both teams are Pot 1 heavyweights. The match kicks off at 21:00 CEST on Tuesday, 8 September. This is the kind of fixture that defines the Champions League.
Manchester City vs PSG and Barcelona
Manchester City have arguably the toughest draw. They face PSG at home and travel to Barcelona. City also have Sporting CP at home, Porto away, Napoli at home, and RB Leipzig away. Enzo Maresca’s debut Champions League campaign is not an easy one.
PSG vs Barcelona
PSG will host Barcelona in a repeat of classic European encounters. The defending champions also travel to Manchester City and host Roma and Galatasaray.
Arsenal vs Real Madrid and Bayern Munich
Arsenal, last season’s runners-up, have been handed a brutal draw. They host Real Madrid and face Bayern Munich away. They also face Borussia Dortmund at home and travel to Napoli. Arsenal are out for revenge after losing the 2026 final to PSG.
Liverpool vs Inter Milan and Atlético Madrid
Liverpool travel to Inter Milan and host Atlético Madrid. They also face Porto, Club Brugge, Villarreal, Fenerbahce, Lens and LASK.
Manchester United’s Return
Manchester United are back in the Champions League. They host Bayern Munich at Old Trafford and travel to Atlético Madrid. They also face Roma at home and Sporting CP away.
Premier League Clubs in the Champions League
Five Premier League clubs are competing in this season’s Champions League: Arsenal, Manchester City, Manchester United, Liverpool and Aston Villa. All five have been given tough draws, with Arsenal and Manchester City facing particularly challenging fixtures.
Arsenal: Real Madrid (H), Bayern Munich (A), Borussia Dortmund (H), Real Betis (A), Lille (H), Napoli (A), Sabah (H), Slavia Prague (A).
Manchester City: PSG (H), Barcelona (A), Sporting CP (H), Porto (A), Napoli (H), RB Leipzig (A), AEK Athens (H), Lens (A).
Liverpool: Atlético Madrid (H), Inter Milan (A), Porto (H), Club Brugge (A), Villarreal (H), Fenerbahce (A), Lens (H), LASK (A).
Manchester United: Bayern Munich (H), Atlético Madrid (A), Roma (H), Sporting CP (A), RB Leipzig (H), Villarreal (A), Sabah (H), Como (A).
Aston Villa: Inter Milan (H), Real Madrid (A), PSV (H), Dortmund (A), Club Brugge (H), RB Leipzig (A), Como (H), AEK Athens (A).
Opta Supercomputer Predictions
The Opta supercomputer has run 10,000 simulations of the 2026/27 Champions League. Here are the results:
| Team | Win Probability |
| Arsenal | 21.2% |
| Bayern Munich | 19.9% |
| Manchester City | 12.0% |
| Paris Saint-Germain | 7.7% |
| Barcelona | 7.0% |
| Real Madrid | 5.1% |
| Manchester United | 3.7% |
| Inter Milan | 3.4% |
| Aston Villa | 2.0% |
Arsenal are the favourites according to Opta, with more than one-fifth of simulations ending in glory for Mikel Arteta’s side. Bayern Munich are close behind at 19.9%. Manchester City are the only other team given more than a 10% chance at 12%. PSG, the defending champions, are only fourth favourites at 7.7%.
Key Dates for Your Calendar
| Matchday | Dates |
| Matchday 1 | September 8–10, 2026 |
| Matchday 2 | October 13–14, 2026 |
| Matchday 3 | October 20–21, 2026 |
| Matchday 4 | November 3–4, 2026 |
| Matchday 5 | November 24–25, 2026 |
| Matchday 6 | December 8–9, 2026 |
| Matchday 7 | January 20, 2027 |
| Matchday 8 | January 27, 2027 |
The knockout phase play-offs begin on February 16, 2027. The Round of 16 starts on March 9, 2027. The final is on June 5, 2027.
Bet on Champions League 2026/27 with Parimatch
The Champions League is the biggest club competition in the world. Every match brings drama, goals, and unpredictability. If you enjoy European football, you can explore the tournament through Parimatch. Parimatch offers competitive odds on all UCL matches, including match winners, top goalscorers, and more.
Visit Parimatch to explore the odds and markets for the 2026/27 Champions League.
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