Similar to the NFL Power Rankings, we have analysed the performances of all 32 teams competing in this year’s tournament and ranked them accordingly .

After the first two matches, Real Madrid head the table after two superb performances, and the usual suspects of Manchester United, Chelsea and Barcelona are all near the top of the list. There are some shocks with Liverpool, Juventus and Inter Milan occupying 18th, 19th and 20th places after their poor starts. Will they move up the table with a win and a good performance in Matchday Three?

The NFL Power Rankings of all 32 teams at http://www.betrepublic.com/

1. Real Madrid – They have scored eight goals in their first two matches, and have not looked like breaking a sweat so far. (Best value odds: 6.0 @ Betfred)

2. Lyon – They have five goals for and zero against, and have beaten Fiorentina at home and bagged four away in Hungary. (Best value odds: 34.0 @ Ladbrokes)

3. Sevilla - Six goals and only one late consolation conceded, leaves them looking pretty at the top of Group F. (29.0 – General)

4. Chelsea – Two 1-0 wins leave them top of their group. (6.5 @ Coral)

5. Manchester United - They haven’t looked impressive, but still a 100% record. (8.5 – General)

6. Arsenal - Two wins from two games, with a big improvement from the end of the first half against Standard Liege. (11.0 – General)

7. Barcelona – Found it difficult to break down Inter on the opening night, but turned on the style against Kiev. (4.5 – General)

8. Bordeaux – Earned a great draw in Turin against Juventus and continued unbeaten against Maccabi Haifa. (81.0 @ Bet365)

9. Bayern Munich - Dominated in Israel, claiming a 3-0 win, but should have done better against Juventus at home. (26.0 – General)

10. FC Zurich – Scored two against Real Madrid on the opening night, one of only three teams to do so this season! Bettered this by beating European giants AC Milan. (1001.0 @ Bet365)

11. Fiorentina – Good performance against Lyon, but after going down 10 men it was an uphill struggle and lost 1-0. Followed up by beating Liverpool 2-0. (126.0 @ SportingBet)

12. VfL Wolfsburg – Good 3-1 win over CSKA Moscow followed by a gutsy performance against Manchester United, which included taking the lead before United closed it out 2-1. (101.0 @ William Hill)

13. FC Porto – Good performance on the opening night, but not good enough to beat Chelsea. Defeated Atletico Madrid 2-0 on the second night. (101.0 @ Bet365)

14. AC Milan – Started off well at Marseille, but were beaten at home by Zurich. Looking short on goals. (41.0 – General)

15. Olympiacos – Lie second in Group H after a 1-0 victory against AZ Alkmaar. They were beaten by Arsenal in the second game, courtesy of two late goals. (251 @ Extrabet)

16. Dynamo Kiev – Won 3-1 against FC Rubin Kazan on the first night, and were then beaten by a quality Barcelona performance. (301.0 @ Bet365)

17. CSKA Moscow – Humbled by newcomers to the Champions League, Wolfsburg, in the first game, but regained some pride with a 2-1 win over Besiktas. (251.0 @ William Hill)

18. Liverpool – Earned a narrow victory over Debrecen in the opening game, and were well beaten by Fiorentina in their next fixture. (17.0 @ Coral)

19. Juventus – Two draws, 1-1 at home with Bordeaux and 0-0 away to Bayern Munich. (29.0 @ Stan James)

20. Inter Milan – Held Barcelona to a draw on the opening night and could not finish off Rubin Kazan, finishing 1-1. (15.0 @ Paddy Power)

21. Stuttgart – Two 1-1 draws, at home against Rangers and away in Romania versus FC Unirea Urziceni. (151.0 @ SportingBet)

22. FC Rubin Kazan – After being beaten away at Dynamo Kiev on the opening day, they held Inter Milan to a credible draw on matchday two. (501.0 @ William Hill)

23. APOEL Nicosia – Began their campaign by holding Atletico Madrid to a 0-0 draw, and then put in a great performance against Chelsea, but went down 1-0. (2501.0 @ BetFred)

24. Standard Liege – Started off brilliantly, 2-0 up against Arsenal after 5 minutes of their opening game, but crumbled and lost 2-3. Gained a point against AZ Alkmaar on day two. (501.0 @ William Hill)

25. FC Unirea Urziceni – Beaten 2-0 by an on fire Sevilla on the opening night, and came back well to claim a point against Stuttgart after conceding within 5 minutes. (2001.0 @ William Hill)

26. Rangers – Snatched a late point against Stuttgart on matchday one, and held Sevilla for the first half of their match, before succumbing 4-1 in the second half. (501.0 @ 888)

27. AZ Alkmaar – Beaten away at Olympiacos and held Standard Liege to gain their only point so far. (251.0 @ William Hill)

28. Atletico Madrid – Underperformed in their opening game against APOEL Nicosia and were well beaten by Porto in their second match. (126.0 @ Boylesports)

29. Marseille – Handed the toughest starts of all 32 teams and were beaten by AC Milan and Real Madrid. (301.0 @ Bet365)

30. Besiktas – Played well against Manchester United but were beaten by a late goal and were outplayed by CSKA Moscow in their second game. (1001.0 @ Bet365)

31. Maccabi Haifa – Beaten 3-0 at home by Bayern Munich on matchday one, followed by losing to a late goal against Bordeaux. (2501.0 @ Bet365)

32. Debrecen – Played well against Liverpool and were only beaten by a single goal. Were trounced 4-0 by Lyon in their second match. (10001.0 @ William Hill)