English - the new EURO 2020 favorites © CHINE NOUVELLE/SIPA

EURO 2020 quarter-final stage not only delivered many impressive matches, but also shocking results. Right at the start of the knockout stage, the European champions Portugal, world runners-up Croatia, the Netherlands who demonstrated great play in the group stage, and, the biggest surprise - the world champions France losing to the Swiss, were knocked out of the tournament. France was considered the favorite of the tournament by both fans and bookmakers before and during the championship, so the exit of this team greatly disrupted all predictions. Following France's loss, for a short time Spain took over the favorite status of EURO 2020, but everything changed again after the match between England and Germany. England, who defeated the Germans, are now considered strong championship favorites with a 35% chance of triumph. This can be explained not only by England's victory against Germany, but also by the upcoming opponents in the later stages. In the quarterfinals, England will face Ukraine, and if they pass this barrier, they will await Denmark or the Czech Republic in the semifinals. In second place, bettors currently see Spain, in third - Italy, and in fourth - Belgium.