New odds suggest Liverpool’s trophy chances in Andoni Iraola’s first season
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Oddsmakers have priced up Andoni Iraola's chances of winning a major trophy in his first season as Liverpool manager after the Spaniard was formally appointedAndoni Iraola will be expected to win trophies straight away(Image: 2026 Liverpool FC)Liverpool will hope to return to their trophy-winning ways in Andoni Iraola’s first season as manager.Iraola was officially announced as new Liverpool manager on Thursday, replacing Arne Slot after the Dutchman was sacked following two seasons in charge at Anfield. There is widespread expectation that the Spaniard can revive the ‘heavy metal’ style of play that made Liverpool a dominant force in Europe under Jurgen Klopp.Upon Iraola’s formal appointment, oddsmakers have priced up his chances of winning a major trophy in his first season on Merseyside.
Liverpool have been given +100 odds to win at least one major trophy, which includes the Premier League, Champions League, FA Cup, or Carabao Cup, in Iraola’s first season as manager.The 43-year-old comes to Anfield having never won a major trophy in his managerial career, which has spanned seven seasons with four clubs – AEK Larnaca, Mirandes, Rayo Vallecano, and Bournemouth before joining Liverpool.One might argue that his chances of winning silverware with Liverpool are much greater than any of his previous four clubs, where he was able to achieve success through league finishing position rather than winning competitions.It will be a big challenge to return to the mountaintop, though, as the Reds will not enter the 2026-27 season as favorites to win either the Premier League or Champions League.Iraola has never won a major trophy as a manager(Image: Photo by Maynard Manyowa/News Images/NurPhoto via Getty Images)As it stands, Liverpool are third-favorites to win the Premier League at +500 and seventh-favorites to win the Champions League at +1000.Outright odds for the FA Cup and Carabao Cup are not yet available, although Arsenal and Manchester City will undoubtedly be favored ahead of Liverpool to win those competitions, as well.Winning trophies has been the standard at Liverpool ever since Jurgen Klopp took over in 2015 and turned the club into perennial contenders in every competition they played in.During Klopp’s reign, the Reds won eight trophies, including the Premier League, Champions League, FA Cup, two Carabao Cups, FIFA Club World Cup, UEFA Super Cup, and Community Shield.Slot added to the trophy cabinet by winning the Premier League in his first season at Anfield before his downfall in 2025-26, when Liverpool finished fifth in the league, 25 points off champions Arsenal, and fell short in all three cup competitions.This information is intended for informational and entertainment purposes only and should not be relied upon for financial reasons or to determine a specific course of action. Information should not be used in violation of any law or regulation.
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