The specialized American portal 'FiveThirtyEight' ensures that this is the order for the main applicants to stay with the Orejona.

Bayern Munich, Manchester City and Paris Saint Germain, in that order, are the main candidates to win the Champions League, whose group stage will begin this Tuesday, according to a study by the specialized US portal 'FiveThirtyEight'.

The three main candidates.

Bayern Munich, with a 20 percent chance, is the main candidate to win the 2022-2023 Champions League followed by Manchester City (16%) where Julián Álvarez plays, and Lionel Messi's Paris Saint Germain (16%).

Meanwhile, Real Madrid, current champion of the Champions League, does not appear as the great favorite in the study, which gives it a 6% chance, behind Liverpool (10%) and followed by Barcelona with 5%.

After the Catalan team, they are in the top 10 of candidates: Ajax de Países, Tottenham Hotspur, Chelsea, Red Bull Salzburg.

Atlético de Madrid, led by Diego Simeone, has a 2% chance of success and is the 11th favorite.

When do the knockout rounds of the Champions League start?
Round of 16: February 14/15/21/22 and March 7/8/14/15, 2023
Quarterfinals: 11/12 and 18/19 April 2023
Semifinals: 9/10 and 16/17 May 2023
End: June 10, 2023

When is the Champions League final and where will it be played?

The Champions League final will be played on June 10, 2023 at the Atatürk Olympic Stadium in Istanbul, where the Turkish national team is home. This stadium already hosted the final of the 2005 edition, when Liverpool came back from 3-0 down and beat Milan in a definition that is remembered as the "Miracle of Istanbul".

Source.