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Bayern Munich dominance in the Bundesliga is what makes a lot of people saying that they’ve forfeited every other trophy and are only fighting for the Bundesliga trophy only. When they are still in the champions league competition, I see no reason why we see them as forfeited the league. They can still fight for the two leagues at this point and not look down on their own performance and quality as a team. If they can get a chance for the champions league in winning the trophy and also winning the Bundesliga at the same time, they will definitely fight for it and make it a success for themselves. I am not looking less on them and I know that they can pull that through if they put in that maximum effort in achieving it.
Bayern Munich has sufficient qualifications to be included in the list of favorite teams in the Champions League, in fact they are a team that is tradition almost always favored every season. It is indeed not easy to win the trophy, especially since they have to face their domestic rivals in this round of 16, but on paper, they deserve to be favored more. Some people may still doubt Kompany managerial ability because he doesn't have enough experience, but the depth of his squad can help make his job easier.
The Bundesliga trophy is indeed much more realistic for Bayern Munich, but in the Champions League, I think they will still be taken into account by other contestants. The journey ahead is certainly not easy, Leverkusen also aspires to go further in the Champions League this season. In the first leg, Bayern Munich will be more favored because they are playing at home.