The UEFA Europa League, formerly the UEFA Cup, is an association football competition established in by UEFA. It is considered the second most important international competition for European clubs, after the UEFA Champions League. Current champions : Manchester United (1st title). Europa League Winner Betting Odds. Get the best available Europa League odds from all online bookmakers with Oddschecker, the home of betting value. Europa League » Champions. (Fairs Cup) · Leeds United, England. (Fairs Cup) · Arsenal FC, England. (Fairs Cup) · Newcastle United, England.