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Champions League Odds: Man City remain favourites ahead of Barcelona and Liverpool after group stage draw

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Manchester City have been handed a favourable Champions League group stage draw. As a result, their outright winner odds have been trimmed by some bookmakers.

Betway cut the Citizens from 4/1 (5.0) to 7/2 (4.50) after they were drawn alongside Shakhtar Donetsk, Dinamo Zagreb and Atalanta.

Manchester City lead the way once more

Despite plenty of domestic success, Pep Guardiola’s side have yet to claim a European crown. The Spaniard reached the semi-finals in seven straight seasons earlier in his career. Guardiola has yet to make it past the quarter-finals since arriving at the Etihad Stadium though.

What's more, the bookmakers regularly make City favourites for the Champions League. However, after several failures to make the final stages, it would be no surprise if punters looked elsewhere in search of value.

Guardiola led Barcelona to two Champions League trophies and the Catalan giants are 5/1 (6.0) to be crowned the best team in Europe this season. They were drawn in a mouth-watering Group F with Borussia Dortmund, Inter Milan and Slavia Prague.

Reigning champions Liverpool (13/2) will face Napoli, Salzburg and Genk in Group E. The Reds will be looking to become the first English team to reach three consecutive Champions League or European Cup finals.

A tough draw for Real Madrid and PSG

Real Madrid (9/1) and Paris Saint-Germain (10/1) have drifted in the market after being drawn alongside each other in Group A. Club Bruges and Galatasaray join the European heavyweights.

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Betway go 12/1 (13.0) about Bayern Munich repeating their 2013 triumph. The Bavarian giants were drawn with Tottenham, Olympiakos and Red Star Belgrade in Group B. Spurs are a top price of 28/1 (29.0) with the same firm to go one better than last season’s runners up finish.

Juventus add more weapons in search of silverware

It’s 10/1 (11.0) that Juventus are crowned the best team on the continent. The Old Lady have continued to invest heavily in their squad. This summer they added several big-name signings including Aaron Ramsey, Matthijs de Ligt and Danilo. There's a new coach in the dugout too as Maurizio Sarri arrives after one season at Chelsea.

With top scorer Cristiano Ronaldo in their ranks, the bookmakers expect Juve to challenge once more. The Italian champions will face the Atletico Madrid side that knocked them out of last season’s edition in Group D as well as Bayer Leverkusen and Lokomotiv Moscow.

Chelsea are the biggest price of the Premier League teams this season. Frank Lampard’s are 33/1 (34.0) to win the Champions League for a second time. The Blues will face Ajax, Valencia and Lille in Group H.

Group stage draw in full

A: Paris St-Germain, Real Madrid, Club Bruges, Galatasaray

B: Bayern Munich, Tottenham, Olympiakos, Red Star Belgrade

C: Manchester City, Shakhtar Donetsk, Dinamo Zagreb, Atalanta

D: Juventus, Atletico Madrid, Bayer Leverkusen, Lokomotiv Moscow

E: Liverpool, Napoli, Salzburg, Genk

F: Barcelona, Borussia Dortmund, Inter Milan, Slavia Prague

G: Zenit St Petersburg, Benfica, Lyon, RB Leipzig

H: Chelsea, Ajax, Valencia, Lille