PSG surprises everyone in the just concluded UEFA Champions League competition, and they can compete in the next UEFA Champions League competition that will start in a few months from now, but I doubt if PSG can make it to the final because the UEFA Champions League is a tough and difficult competition, and a lot of clubs will rise against PSG when the competition starts.
PSG is still competent enough to compete for UCL. There are two main materials needed in order to create a recipe how to win UCL. You need unlimited money, then combine it with a proper coach. It doesn't matter how competitive UCL. As long as they have this, they can win UCL again. The history has told us about almost all of clubs were ever winning UCL came from the rich clubs. You can't deny this as it's also recorded in Wikipedia.
Kinda weird when you're doubting PSG's competence to compete for the next season.