The 2026 Ballon d'Or race has been dramatically reshaped following the 2025/26 UEFA Champions League final, where Paris Saint-Germain defeated Arsenal in a penalty shootout in Budapest. The victory marked PSG's second consecutive UCL title, a feat previously achieved only by Real Madrid in recent years.
Kai Havertz gave Arsenal an early lead within six minutes at the Puskas Arena, but Ousmane Dembele equalized from the penalty spot in the second half. With no further goals in regular or extra time, PSG prevailed in the shootout to retain their crown.
Updated 2026 Ballon d'Or Favourites
Ousmane Dembele
The reigning 2025 Ballon d'Or winner, Dembele continues his stellar form after a treble-winning season. He helped PSG secure Ligue 1 and defend their Champions League title, and he is expected to be a key figure for France at the 2026 FIFA World Cup.
Harry Kane
Since joining Bayern Munich in 2023, Kane has established himself as one of the world's best strikers. He led Bayern to the Bundesliga title and the UCL semi-finals this season, and his role in Thomas Tuchel's World Cup squad makes him a strong candidate.
Lamine Yamal
The Barcelona teenager finished second in the 2025 Ballon d'Or rankings after a brilliant 2024/25 campaign. He maintained his blistering form this season, helping Barcelona win La Liga, and remains a top contender despite their UCL quarter-final exit. He will be crucial for Spain at the World Cup.
Michael Olise
Olise has enjoyed his best season yet in his second year at Bayern Munich, contributing a goal per game on average. He helped Bayern secure the Bundesliga title and is part of Didier Deschamps' France squad for the World Cup.
Declan Rice
Rice has been Arsenal's most consistent player this season, leading the Gunners to their first Premier League title in 22 years. However, their UCL final loss to PSG extended their wait for a European crown. He remains a key member of England's World Cup squad.
The 2026 FIFA World Cup in North America is the next major tournament that will influence the award, with all top contenders expected to feature prominently for their national teams.
