Updated Champions League betting odds: Man United not in top 5

Last week's Champions League Round of 16 draw had to be redone due to a mistake involving Manchester United.

Instead of facing Paris Saint-Germain, the Red Devils will now go up against 2020/21 La Liga champions Atletico Madrid.

The incident aside, the bookmakers at Betfair still do not consider Ralf Rangnick's team to be the favourites to win the competition this season.

2021/22 Champions League winner odds, as per Betfair:

Manchester City — 5/4

Bayern Munich — 13/8

Liverpool — 11/4

Chelsea — 3/1

Paris Saint-Germain — 10/3

Ajax — 11/2

Manchester United — 7/1

Juventus — 9/1

Real Madrid — 9/1

Inter Milan — 14/1

Atletico Madrid — 14/1

Villarreal — 33/1

Benfica — 40/1

Red Bull Salzburg — 100/1

Lille — 100/1

Sporting Lisbon — 100/1

Source: Betfair