PSG are not better than Real Madrid, just more expensive.
I agree, but here's a comparison of the two teams specifically team value based by
https://www.transfermarkt.com/

Yes, many consider PSG a title candidate just because they have the most expensive players in the world. And every year a lot of people say PSG will win the Champions League, but they lose in the play-offs regularly. It seems to me that this season, like last season, there are many teams that are playing much better. All the same Real, Manchester City, Bayern, and of course this season's sensation Napoli.[/quote]
I think PSG have just been unlucky in terms of the Champions League title, they have failed many seasons even after reaching the final. This season doesn't look much different either, but who knows? In fact there are many teams that could be seeded in the last 16 including PSG, so they have a chance.