The Champions League draw has concluded in Monaco, setting the stage for the 2025-26 season. While the draw has produced some intriguing matchups, the question remains whether the initial excitement will translate into meaningful competition, or if it will ultimately fade into insignificance.
The revamped Champions League format, now in its second season, features a league phase with 36 teams. Each team will face eight different opponents, four at home and four away, determined through a hybrid draw combining manual selection and automated software. This format aims to provide more high-profile matches and reduce the perceived predictability of the group stage.
Several high-profile clashes have emerged from the draw. Liverpool and Manchester City are both set to face Real Madrid. Paris Saint-Germain, the defending champions, will take on Bayern Munich, Barcelona, and Tottenham Hotspur. Arsenal will welcome Harry Kane and Bayern Munich to North London, while Chelsea is set for a home game against Barcelona and an away trip to Bayern Munich. Other notable matchups include PSG vs. Tottenham, and Manchester City vs. Napoli.
Despite the allure of these blockbuster games, concerns linger about their ultimate significance. The increased number of matches in the league phase could dilute the importance of individual games. With 144 matches to eliminate just 12 teams, the margin for error is significantly larger than in the previous format. Projections suggest that a relatively modest points total will be sufficient to secure qualification for the knockout stages.
The draw also highlighted the presence of six English teams in the competition: Liverpool, Chelsea, Tottenham, Arsenal, Manchester City, and Newcastle. Liverpool will face Real Madrid and Atlético Madrid. Manchester City will play Real Madrid and Borussia Dortmund. Chelsea drew Barcelona, Bayern, and Napoli. Arsenal will face Bayern, Inter, and Atlético. Tottenham's opponents include Dortmund, PSG and Bodø/Glimt. Newcastle drew Barcelona, PSG and Marseille.
Bookmakers have already adjusted their odds based on the perceived difficulty of the draws. Some believe Manchester City received the easiest draw among the top seeds, while PSG's odds have lengthened after being drawn against multiple league champions and Tottenham. Liverpool, despite a challenging draw including Real Madrid and Inter Milan, remain among the favorites.
The final will take place in Budapest, Hungary, on May 30, 2026. While the road to Budapest promises excitement and drama, the true test will be whether these intriguing matchups ultimately contribute to a compelling and meaningful Champions League season.