Ballon d’Or 2025 LIVE Updates: The Ballon d’Or 2025 ceremony has reached its climax stage, with the men’s winner about to be announced. Barcelona and Spain midfielder Aitana Bonmati has won the Women’s Ballon d’Or, beating Arsenal star Mariona Caldentey to top spot. Meanwhile, Barcelona teenage sensation Lamine Yamal created history, becoming the first player to wint the Kopa Trophy (best under-21 player) twice. Paris Saint-Germain (PSG) have won the ‘Club of the Year’ award. Yamal and PSG striker Ousmane Dembele are the widely regarded as the main contenders to win the men’s Ballon d’Or 2025 award. A new winner will be crowned, with no previous holder nominated. PSG manager Luis Enrique was been named the best men’s manager, Manchester City goalkeeper Gianluigi Donnarumma won the Yashin Trophy (best goalkeeper), and Arsenal striker Viktor Gyokeres won the Gerd Muller Trophy (top striker).