Premier League 2019-20 Odds: Who Is Favorite to Win the Title This Season?

Manchester City is odds on to retain its Premier League title and become the first team in a decade to win the league in three consecutive seasons.

Pep Guardiola's men successfully defended their crown last season, finishing just a point ahead of Liverpool in one of the tightest title races ever seen in the Premier League.

According to Oddschecker, the defending champions are 43/100 favorite (-230 in moneyline terms) to become the first to finish top of the pile three seasons in a row since Manchester United achieved the feat between 2007 and 2009.

City lost captain Vincent Kompany in the summer, as the Belgian returned to his home country to take up the role of player manager at Anderlecht.

The Belgian was a pivotal figure in City's transformation from also-ran into a Premier League force and his influence will be missed both in the locker room and on the field.

On the other hand, an already talented midfield has been boosted by the signing of Rodri, who arrived from Atletico Madrid for a club record fee of $76.6 million.

Pep Guardiola, Manchester City
Pep Guardiola the manager of Manchester City shows the Premier League Trophy to fans of Manchester City during the title celebrations after the Premier League match between Brighton and Manchester City at American Express Community Stadium on May 12 in Brighton, United Kingdom. Matthew Ashton - AMA/Getty

In the Community Shield on Sunday, City needed a penalty shootout to have the better of Liverpool after the game ended 1-1 in regulation.

Last year's runner-up is this year's second-favorite at 13/5. Despite amassing 97 points—the highest total in English top-flight history for a second-placed team—Jurgen Klopp's men failed to end a 29-year-wait for a league title.

Domestic glory eluded them, but they secured a sixth European Cup after beating Tottenham 2-0 in Madrid in June. The Champions League triumph means Liverpool will be involved in two more competitions this season.

The Reds will be play Chelsea in the European Super Cup final later this month and will take part in the FIFA Club World Cup in December.

The busier calendar could stretch Liverpool's resources, particularly given Klopp is yet to add any major recruits to his team this summer and Dutch teenager Sepp van den Berg is so far his only signing.

Despite the lack of business, Liverpool remains a better bet to stop City than some of its Premier League rivals.

Tottenham Hotspur is 19/1 to win a first Premier League title. Mauricio Pochettino has spent a club-record fee to sign Tanguy Ndombele from Olympique Lyon, but has been left frustrated by a lack of further signings.

Spurs look almost certain to finish in the top three again but appear short of the depth required to mount a title challenge. Their London rivals, Chelsea and Arsenal, are 25/1 and 40/1 to lift the Premier League trophy this season.

Frank Lampard's homecoming at Stamford Bridge to replace Maurizio Sarri has been complicated by the fact Chelsea has been hamstrung by a transfer ban.

The embargo has prevented Lampard from making any signings, although the Blues had agreed deals for Christian Pulisic and Mateo Kovacic before the transfer window opened.

Arsenal, meanwhile, has surprised those who expect it to be operating on a limited budget. The Gunners splashed a club record $87.6 million on Lille's winger Nicolas Pepe, after spending a combined $40.1 million on Saint-Etienne defender William Saliba and Brazilian teenager Gabriel Martinelli. Despite the spending spree, it remains highly unlikely Arsenal will be involved in the title race.

The same applies to Manchester United, who is 25/1 to win the title. The 20-time champions of England have made Harry Maguire the world's most expensive defender after agreeing to meet Leicester City's $97 million valuation of Harry Maguire. Manchester United manager Ole Gunnar Solskjaer has also spent a combined $79 million on Aaron Wan-Bissaka and Daniel James.

While United has addressed some of its issues, the squad remains short of quality. The club's pursuit of Juventus forward Paulo Dybala has come to nothing, while Romelu Lukaku and Paul Pogba remain linked with move away from Old Trafford. United can ill afford to lose the latter, as midfield is an area where the options at Solskjaer's disposal are already painfully short.