Quarter-finals are over but which club is the favourite to win the Champions League?

Following a dramatic week of action, we now have four confirmed Champions League semi-finalists.

Man City, Real Madrid, Chelsea and PSG will all meet again towards the end of the month, but who is the favourite to lift the trophy in May's final?

Here, we take a look at the latest outright odds…

Real Madrid 4/1 (SkyBet)

Zinedine Zidane knows how to win a European Cup. The trophy cabinet at Real Madrid speaks for itself.

However, despite his previous achievements, Los Blancos are only priced at 4/1 to win the Champions League this season. 

Karim Benzema has won this competition four times with Real Madrid
Karim Benzema has won this competition four times with Real Madrid

Real got the better of Liverpool in the quarter-finals after a clinical 3-1 win in the first leg and a methodical 0-0 draw in the reverse game at Anfield.

Out of all the teams that are still left in the competition, Real don't have the youngest squad by any stretch of the imagination. But what they lack in age, Madrid certainly make up in experience… winning experience.

Chelsea 9/2 (bet365)

Thomas Tuchel's men progressed past FC Porto in the quarter-final despite narrowly losing the second leg - Chelsea's second loss since the manager's arrival in January. 

Considering their price and their recent form, it's not surprising that many are tipping the Blues to go all the way. Interestingly, 38% of bettors on Oddschecker have gone for the London outfit.

Can Thomas Tuchel lead Chelsea to European glory?
Can Thomas Tuchel lead Chelsea to European glory?

Chelsea will go head-to-head with Real Madrid in the semi-finals - a game that's currently way too close to call.

However, we could be looking at a case of déjà vu here with the Blues. Back in 2012, Chelsea won the Champions League after a managerial change half-way through the season. Could history repeat itself?

PSG 10/3 (PaddyPower)

PSG's quarter-final with Bayern was a game worthy of the final. After an action-packed affair, it was the Parisians who progressed to the final four; winning on the away goal rule.

Mauricio Pochettino's men will now take on Manchester City for a chance to return to the Champions League final.

Mauricio Pochettino's only Champions League final ended in disappointment
Mauricio Pochettino's only Champions League final ended in disappointment

The likes of Di Maria, Neymar and Mbappe gave Bayern Munich nightmares across the two legs - they're sure to do the same to John Stones and co.

Another thing to consider is that Pochettino's title winning credentials are under the spotlight. The Argentine is yet to win a major trophy during his managerial career. And no, we're not counting Trophee des Champions as a major trophy… sorry Poch.

Man City 5/4 *favs (888Sport)

Pep Guardiola hasn't won the Champions League since his Barcelona days however, the bookies are backing the Spaniard to lead City to success.

The Cityzens have only ever been to three other European semi-finals - and two of those were all the way back in the 1970s.

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Nevertheless, City got the better of Borussia Dortmund in the quarter-final to bag their spot in the final four of the competition.

The pressure is firmly on but with the amount of quality in this side, it's no surprise to see them as favourites.

Question is, can they deal with the pressure and finally deliver the big one?

READ MORE: Christian Pulisic bags a brace, Weston McKennie scores and Giovanni Reyna finds form...

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