The draw for the last 32 of the Europa League has been made, with the 24 group stage winners and runners-up merged with eight Champions League third placed sides. Pinnacle's Europa League Power rankings provide an overview of the teams left in the competition. Who will win the Europa League?
Outright odds: 5.00*
Round of 32 opponent: Malmo
Chelsea will face a trip to Sweden for a tie against Malmo, who are managed by the former Manchester city striker Uwe Rösler and finished ahead of Besiktas in their group.
Chelsea are favourites for a reason and with Maurizio Sarri regularly fielding his strongest side in the competition there is a realistic chance the Italian will lead them to glory this season.
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Outright odds: 7.00*
Round of 32 opponent: BATE
Arsenal will face the same opponents they met in the group stage of last season's competition, securing victories in both - 4-2 in Belarus and 6-0 in London.
Unai Emery’s side will make the trip to Belarus first against the side who finished as runners-up in Chelsea’s group, and will expect to progress to the last 16 of the competition despite the likelihood of fielding a weaker team in the first leg.
The Gunners will want to win the competition to guarantee a Champions League place next season, and with Unai Emery in charge - a manager who won three consecutive Europa Leagues while manager of Sevilla - the North London side have an excellent chance of going all the way.
Outright odds: 8.00*
Round of 32 opponent: FC Zurich
Napoli enter the Europa league last 32 after finishing third in Group C of the Champions League, after a 1-0 defeat on the final group game against Liverpool. They will take on FC Zurich who they will be expected to overcome to reach the last 16.
The Italian side possess one of the stand-out defenders in Europe at the moment in Kalidou Koulibaly. With the attacking threat of Dries Mertens and Lorenzo Insigne, alongside a world class coach in Carlo Ancelotti, they should be there or thereabouts at the business end of the tournament.
4) Inter Milan
Outright odds: 12.00*
Round of 32 opponent: Rapid Wien
Another Champions League dropout, Inter Milan will face Austrian side Rapid Wien who finished second in Group G closely behind Villarreal.
Rapid Vienna sit eighth in the Austrian Bundesliga, and with Inter Milan’s firepower such as Ivan Perisic and Mauro Icardi the Italians should be too strong for their opponents over two legs, and will be expected to go deep into the tournament.
Outright odds: 13.00*
Round of 32 opponent: Lazio
Five-time champions and Europa league specialists Sevilla take on Lazio in one of the highlight ties in the last 32.
Sevilla scored an impressive 18 goals on the way to winning their group unbeaten, and with Lazio dropping out of the Champions League it is one of the more difficult matches to predict.
They will be favourites against the Italians in the first knockout round, and providing they can find form at the right time they have a chance of winning this competition.
Pablo Machín’s side have top quality players in their ranks such as Wissam Ben Yedder, Ever Banega and Andre Silva so it would be bold to dismiss them as potential winners, and many will see them as the value pick in the unfamiliar position of outsiders.
Outright odds: 16.00*
Round of 32 opponent: Celtic
Valencia have endured a nightmare season in La Liga so far and entered the last 32 of the Europa League after elimination from the Champions League. Despite their poor league form, the Spanish side did perform admirably in group stages, and were just edged out of a place in the last 16 by Manchester United.
A run of conceding at least one goal in their last five matches has left the club's defence seriously low on confidence, and they have managed to find the net just sixteen times so far this season, a poor return for a team that consists of Goncalo Guedes, Michy Batshuayi and Rodrigo Moreno.
Against Manchester United in both ties they played very well and are technically a good side so European football seems to suit the Spaniards better, but it is unlikely that they are strong enough to go all the way.
7) RB Salzburg
Outright odds: 21.00*
Round of 32 opponent: Club Brugge
Salzburg qualified to the round of 32 after topping group B with 18 points ahead of Celtic, RB Leipzig and Rosenborg BK.
The Austrian side are a good team and could be one of the outsiders to watch in the latter stages, boasting a formidable home record which could help overcome some of the tournament favourites if they get past Club Brugge.
8) Eintracht Frankfurt
Outright odds: 21.00*
Round of 32 opponent: Shakhtar Donetsk
Eintracht Frankfurt progressed through to the knockout stages with a perfect six wins out of six in the group stages.
The German side currently possess one of the hottest young prospects in Europe in 21 year-old Luka Jovic, who is currently the joint top scorer in the German Bundesliga.
They face a difficult tie against Champions League dropouts Shakhtar Donetsk, but if they can overcome this hurdle their outright odds could drop significantly.
9) Real Betis
Outright odds: 23.00*
Round of 32 opponent: Rennes
Real Betis finished top of Europe League Group F despite only managing a 0-0 draw with a poor Dudelange side on the last round of group fixtures.
Betis have a good fluid attacking style of play and they will be a threat to any side over two legs but it is unlikely that they will be strong enough to win the competition.
Outright odds: 25.00*
Round of 32 opponent: Sevilla
The top four battle for Lazio could hinge on involvement in Europe so the Europa League will be a competition they take seriously.
Ciro Immobile is a vastly experienced, quality striker, and if they are to have a chance of competing to win the competition they will need the Italian frontman in red-hot form.
Lazio vs. Sevilla is one of the most intriguing matchups in the last 32 and should provide plenty of goals. Lazio have never won this trophy and if they do overcome Sevilla it is likely that one of the favourites would be too strong for the Italian side over two legs in the latter stages of the tournament.
Outright odds: 25.00*
Round of 32 opponent: Sporting Lisbon
The Yellow Submarines face a tough tie against Sporting Lisbon, who finished runners up to Arsenal in their group.
Although the Spanish side are struggling to find form in La Liga, they do possess some high quality players such as Nigerian wonderkid Samuel Chukwueze, Carlos Bacca and Santi Cazorla.
This side has the potential to cause an upset but their fragile backline that has taken them to a -4 goal difference in La Liga will likely be their undoing as the tournament progresses.
Outright odds: 31.00*
Round of 32 opponent: Galatasaray
Three-time Europa League runners-up, Benfica have been drawn against Galatasaray in the last 32 of the competition.
The reigning Super Lig champions will provide a stern test for the Portuguese side. Benfica are outsiders capable of causing a surprise, but it is doubtful they will threaten any of the tournament favourites.
13) Bayer Leverkusen
Outright odds: 31.00*
Round of 32 opponent: FC Krasnodar
Bayer Leverkusen topped Group A, whilst their last 32 opponents Krasnodar were runners up to Sevilla. Peter Bosz’s side will be expected to progress past their Russian challengers but sterner tests will await.
The German side are mid-table domestically but do possess some quality young talent in Kai Havertz and Leon Bailey, as well as more experienced players such as Lars and Sven Bender. They will need all of these firing to be strong contenders for the trophy.
14) Sporting Lisbon
Outright odds: 41.00*
Round of 32 opponent: Villarreal
Sporting Lisbon qualified from their group with 10 points behind Arsenal and ahead of Vorskla Poltava and Qarabağ FK. Lisbon are a decent side and on their day the Portuguese champions can perform to a good level, but it would be a major shock if they were to go all the way in this year’s competition.
During the summer the Portuguese club were immersed in a crisis barely believable in the upper echelons of modern football which saw the club lose some of its star players. Without this kind of firepower in their ranks a quarter final spot would likely be the best they can hope for.
15) Zenit St Petersburg
Outright odds: 41.00*
Round of 32 opponent: Fenerbache
Zenit St. Petersburg overcame a tough group to advance to the last 32 where they will play Fenerbache. Both sides have been Champions League disappointments in recent seasons and will see the Europa League as their main chance of European glory.
Zenit have some talented players in their ranks, combined with plenty of experience in the shape of Branislav Ivanović and Yuri Zhirkov. the Russian side are familiar with being outsiders capable of causing a shock, but it’s unlikely Sergei Semak’s side will threaten any of the tournament favourites.
Best of the rest
Celtic will be considered serious long shots due to their poor away record in European completions, while Dynamo Kiev's chances will be slim despite being paired in a winnable last 32 tie against Greek side Olympiakos.
French side Rennes are unlikely to threaten, while Fenerbache and Slavia Prague are in with a slim chance of emerging as Europa League winners.
Ukrainian champions Shakhtar Donetsk are potential dark horses and always use home advantage to their benefit but will play Germany's Eintracht Frankfurt in what could be one of the ties of the round. Shakhtar has the potential to cause an upset or two and are the pick of the bunch from the outsiders despite a challenging last 32 draw.
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