Real Valladolid owner Ronaldo believes the Champions League could be on its way to the LaLiga.

Ronaldo has placed Real Madrid and Barcelona among the favourites to win the Champions League this season despite their struggles in the group stage.

"It's still early to name a favourite, but I would say that Bayern Munich, Real Madrid and Barcelona [are favourites]," said Ronaldo.

"And also, Manchester City and Paris Saint-Germain, who have a great team and have Neymar."

Ronaldo won the Champions League himself with Real Madrid.