Greek Tragedy for reds

Milan are 8/1 to defend their Champions League crown next season, according to Ladbrokes. And the Harrow-based firm make Liverpool 10/1 to go one better next term. A repeat of the Athens final is a 40/1 chance. Ladbrokes spokesman, Nick Weinberg, said:" The Milan win was a shocker. The patriotic punt on Liverpool failed to materialise and a number of our big players came on for Ancelotti's men. "The Italians convincing victory over Manchester United did us no favours as it prompted a huge gamble on the eventual winners. "Inzaghi's opener, 8/1, went for us as that market was dominated by support for Kaka and Liverpool's usual suspects." The Rossoneri's win was a great result for one Ladbrokes telephone customer who staked £55,000 on Milan lifting the trophy 10 days ago. The new kings of Europe had been as big as 16/1 for the crown at the turn of the year. Bookies are 7/4 about an English side winning the 2007/08 competition. LATEST BETTING Champions League 2008 Winner Chelsea 5/1 Man Utd 7/1 Barcelona 7/1 Real Madrid 8/1 Milan 8/1 Inter 10/1 Liverpool 10/1 Lyon 10/1 Sevilla 14/1 Arsenal 16/1 Valencia 16/1 Roma 25/1