Right now, I think Bayern Munich is focused on the Bundesliga instead of the Champions League. Because Bayer Leverkusen achieved great success in the Bundesliga.-snip-
Apart from the fact that Bayern Munich failed to win the Bundesliga in the previous season, they are also playing with a new coach this season. Vincent Kompany is a good coach but I think we can't talk about the UCL yet because new coaches usually need time to adapt. I think the first realistic target is to win the Bundesliga. I think the club management wants Kompany to focus on the Bundesliga first. The UCL is a different level and I think if Kompany can give good results for the club, it will still take time to build a solid squad.
This is Kompany's first experience handling a giant club like Bayern Munich, focusing the team on the Bundesliga and reclaiming the trophy stolen by Leverkusen last season can be said to be a realistic target for him this season, because as you said if the target is UCL I doubt Kompany can compete even though the squad depth is good, but I also can't underestimate Kompany's ability, in this case he just needs to be a little patient and gain more experience to become a coach who deserves to be respected in all competitions. and I'm sure Kompany can prove it because from the opening match that Bayern Munich has played, there seems to be no problem and also during the pre-season match that Munich played, they got good results. so the Bundesliga trophy is a more important target at this time