The correct answer is D.
The sentence is in the past perfect tense, which is used to talk about an event that happened before another event in the past. In this case, the first event is “the football team that won last year’s championship,” and the second event is “has little chance of winning it again this year.” The past perfect tense is formed with the past participle of the verb “to win” (won) and the auxiliary verb “had.”
The other options are incorrect because they are not in the past perfect tense. Option A, “was winning/stood,” is in the past progressive tense, which is used to talk about an event that was happening at a specific time in the past. Option B, “was going to win/stand,” is in the future progressive tense, which is used to talk about an event that was going to happen in the future. Option C, “has won/has stood,” is in the present perfect tense, which is used to talk about an event that happened at an unspecified time in the past or that is still happening. Option E, “won/stands,” is in the simple past tense or the simple present tense, which are used to talk about an event that happened at a specific time in the past or that happens regularly.