Yes, I think Manchester City are still the team with the most potential to reach the final and win the Champions League title, and this season they really have to prove that to the world.
But I hope that Real Madrid will also not disappoint this Champions League season even though the probability is lower than Manchester City, PSG, Liverpool and Bayern Munich. The probability is not important because Real Madrid can actually prove it in other ways like last season. I hope things will still be as easy as last season.
When the final part of the playoffs begins in the Champions League, then very often it all depends on specific matches, someone played well in defense and won the penalty shootout, someone was able to score a goal in the last minutes and win. Maybe it's luck, maybe skill, but there are teams that are more lucky. ) City proved that they can reach the final, and Real proved that they can win the final. It is difficult to predict who will win, there are many worthy teams.
Almost every team in the Champions League is strong. And there are many teams that are capable of winning the title. To perform well in the Champions League, there must be consistency in performance. A strong squad is needed. And of course, an experienced coach is needed. I would say that Real Madrid was able to win the title last season because of coach Ancelotti. Ancelotti changed his match strategy almost every match. He adjusts his match strategy considering the strength of the opponent. And this is why Madrid has won both the Champions League and La Liga titles.