It may be a different season but the same teams dominate the front of the Champions League market following the group stage draw in Nyon.

Barcelona are 3/1 (4.0) market principles as Luis Enrique's men were drawn in Group C alongside Manchester City, Borussia Monchengladbach and Celtic. The Catalan giants have got seven semi-final appearances in the previous nine seasons and the odds compilers expect them to go close again.

Bayern Munich, now under the stewardship of two-time winner Carlo Ancelotti, were placed in Group D with Atletico Madrid, PSV and FC Rostov. The Bundesliga champions will be targeting a sixth European crown this term, only Real Madrid and AC Milan have more titles to their name. The Bavarian side remained at 4/1 (5.0) to taste victory in Cardiff next summer.

Real Madrid have been left alone at 5/1 (6.0) by the same firm after the holders were drawn alongside Borrusia Dortmund, Sporting Lisbon and Legia Warsaw in Group F. Los Blancos have won 17 of their previous 19 group games and they are sure to be short priced favourites to qualify as winners under Zidane Zidane.

Despite not automatically qualifying for this edition of the competition, Manchester City are the shortest priced English side at 12/1 (13.0) although they have a tricky looking group. The City hierarchy clearly believe that Pep Guardiola is the man to bring European glory to the Etihad Stadium although the club have made it past the last 16 stage only once in their previous five attempts and being paired with the Spaniard's former club is far from ideal.

Of the other English clubs involved in this season's competition Arsenal come next in the betting, the Gunners are 25/1 (26.0) to win the competition in what could be Arsene Wenger's final campain in charge while their north London rivals Tottenham are priced at 33/1 (34.0). Spurs have seen their price cut from 40/1 (41.0) after drawing CSKA Moscow, Bayer Leverkusen and Monaco.

Despite being a top seed courtesy of their unlikely Premier League win last term, Leicester City are still relative outsiders in the betting markets. Having begun the day as 100/1 (101.0) shots the Foxes are now just 50/1 (51.0) after being drawn in Group G alongside Porto, Club Brugge and Z for their first ever Champions League campaign.

Juventus may have lost the services of Paul Pogba and Alvaro Morata this summer but the Italian champions are made 12/1 (13.0) to go one better than their final defeat two years ago. The Turin side will face Sevilla, Lyon and Dinamo Zagreb in Group H. Paris Saint-Germain are also rated as potential contenders according to the odds despite losing talisman Zlatan Ibrahimovic this summer, the Ligue 1 side are 14/1 (15.0) in the outright market.

Atletico Madrid have lost out to their city rivals at the final hurdle twice in the last three years and Diego Simeone is 14/1 (15.0) to go one better this time around. Borssia Dortmund are available to back at 16/1 (17.0) to win surpass their second placed finish in 2013.