Leicester's defeat at Sevilla completed the round of 16 first leg ties in this season's Champions League, and with heavy defeats for Barcelona and Arsenal the markets have reacted accordingly. Mike Norman has the details...
To Win the Champions League;
*odds correct as of 22:00 Wednesday 22 February
Bayern Munich are the new clear favourites to win this season's Champions League after a round of 16 set of first leg matches that produced a huge amount of goals, and one massive shock.
The German champions thrashed Arsenal 5-1 at the Allianz Arena, effectively ending the Gunners' interest in this season's competition, prompting their odds in the Champions League Winner market to shorten to 3.9.
A total of 34 goals were scored in the eight first leg ties at an average of 4.25 per game, and four of those strikes came at the Parc des Princes where PSG produced a major surprise by hammering former tournament favourites Barcelona 4-0.
The Ligue 1 champions are now trading as the 8.415/2 fourth favourites having been matched at a high of 50.049/1 earlier in the campaign, which coincidentally is the price you can now back Barcelona at. The Spanish giants have been matched at a low of 4.216/5 to win the competition but they're now trading at 14.013/1 just to qualify to the quarter-finals.
English hopes will now surely rest with Manchester City who came out the 5-3 winners in a fantastic game against Monaco. Pep Guardiola's men are now available to back at 11.010/1 to win the competition.
Leicester grabbed a vital away goal in a 2-1 defeat to Sevilla earlier tonight, though their odds of 120.0119/1 in the Winner market tell you all you need to know about their chances of lifting the trophy.
Elsewhere both Real Madrid, 5.59/2, and Atletico Madrid 9.89/1, carved out two-goal first leg leads with victories over Napoli and Bayern Leverkusen respectively, while Serie A leaders Juventus shortened to 8.27/1 third favourites after winning 2-0 in Porto.