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Both nations are familiar with the territory already winning the competition previously. Portugal were the the inaugural champions in 2019 and Spain are the current holders of the competiton.
This means there is more room for history as Portugal and Spain bid to become the first team to win the Nations League twice.
With a fierce Iberian rivalry, a host of world-class talent on both sides, and the added weight of recent form, a high-class game can be expected in Munich.
Portugal v Spain, Sunday, 8:00 pm
Portugal v Spain tips
• Spain to shine once again – 9/10 with Bet365
• Ronaldo to be involved most booking points – 11/25 with Bet365
• Another goal galore expected – 57/100 with Bet365
Odds courtesy of bet365. Correct at the time of publication and subject to change.
Spain to shine once again
Spain enter the 2025 UEFA Nations League final as 9/10 favourites to win in 90 minutes on bet365, a price that reflects both their recent form and their pedigree in this competition.
La Roja have reached their third consecutive Nations League final and are currently unbeaten in their last 12 matches in the tournament (8W 4D). Their thrilling 5-4 victory over France in the semi-final once again showcased their attacking firepower, with Lamine Yamal, Mikel Oyarzabal and Nico Williams leading the line.
Historically, Spain have also enjoyed the upper hand over Portugal in competitive head-to-head meetings, and their current squad blends youthful talent with experienced leaders. The likes of Yamal, who scored twice in the semi-final, and Pedri, who orchestrated the midfield, have given Spain a dynamic edge that has proved too much for most opponents.
With such depth and momentum, Spain will be strong favourites against a Portuguese side yet to really get going under Roberto Martinez.
Bet explanation: This bet wins if Spain beats Portugal in regulation time regardless of the score.
Ronaldo to be involved
Despite being 40 years old, Cristiano Ronaldo remains Portugal’s focal point in attack and scored the winner in their semi-final game against Germany. He is priced at 11/25 on bet365 to register at least three shots in the UEFA Nations League final against Spain, a line that looks well within reach given his remarkable consistency in front of goal.
Ronaldo averaged nearly five shots per game across all competitions in the 2024/25 season, with a total of 199 shots in 41 appearances.
His Nations League campaign has been no different: Ronaldo has attempted at least three shots in each of his last five international appearances and continues to lead Portugal for both shots and goals. In the semi-final against Germany, Ronaldo attempted seven shots – at least four more than any other player on the pitch.
In 2025 alone, he has scored 21 goals in 25 outings for club and country, underlining his relentless drive to get into shooting positions. With Portugal relying on his experience and hunger for silverware, expect Ronaldo to be heavily involved and test the Spanish defense frequently.
Tip: Ronaldo to play 3 shots@11/25
Bet explanation: This bet wins if Ronaldo plays at least three shots in the UEFA Nations League final against Real Betis.
Another goal galore expected
The odds for both teams to score in the 2025 UEFA Nations League final between Portugal and Spain stand at 57/100 on bet365, and recent data strongly supports this market. Both sides have showcased prolific attacking form throughout the tournament.
Spain’s last five matches have all featured at least four goals, highlighted by their 5-4 semi-final thriller against France. Portugal, meanwhile, have scored in every Nations League match this campaign and demonstrated their offensive threat by coming from behind to beat Germany 2-1 in the semi-finals, with Ronaldo extending his international goals record to 134.
Spain have both scored and conceded in each of their last five matches, while Portugal have done the same in four of their last five games. With attacking talent like Ronaldo, Francisco Conceição, Yamal, and Williams on show, and both sides preferring an open and attacking style another goal-filled contest looks highly likely.
Tip: Both teams to score@57/100
Bet explanation: This bet wins if both Portugal and Spain score at least one goal each in the final.
Portugal v Spain odds
• Portugal – 14/5 with Bet365
• Draw – 11/4 with Bet365
• Spain – 9/10 with Bet365
Odds, correct at the time of publication, are subject to change.
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The odds, correct at the time of publication, are subject to change.