IMO, I don't see the potential if PSG is able to reach the final round of this competition. yeah, we can see it when Paris Saint-Germain plays their match in the group phase...
You made some good points about PSG
Something I'd like to add is that in 19/20, the year PSG reached the final and lost to Bayern, PSG peaked and even showed signs that the team was on another level (great) in 20/21 when they reached the semi-finals
I thought PSG would always be in the top four and consequently win the UCL in a few years
Last year, PSG showed signs of great decadence when they ignored the criteria of the league, didn't qualify in 1st place and had to face Bayern in the round of 16, when they were fully capable of qualifying first and perhaps going further
It's very difficult to bet on PSG because you don't know what to expect hehe
And again PSG qualified in second place, but at least they will face Real Sociedad, in my opinion they are at the same level right now with better chances to PSG