So far we cannot see which teams are the most dominant or have the most potential because the real competition has not started yet, if we refer to the new players brought in by each team so I think Liverpool is one that can be relied on, but yeah the transfer window isn't over yet meaning other surprises are still possible.
By the way we also can't ignore the ability of PSG who won the title this season and we are still waiting for their action in the transfer window, I'm sure PSG won't be satisfied with their current strength I mean PSG will try to reach a higher level based on the line-up. Can you imagine if PSG brought in new players in the attack line? Osimhen, Marcus Thuram and Khvicha Kvaratskhelia reportedly one of them will strengthen PSG's attack line so their chances for the Champions League next season are wide open.
If refer with how many top new players recruitment, Liverpool seems favorite team for winning UEFA Champion League after spending million euro for signing Florian Wirtz, Jeremie Frimpong and Ármin Pécsi. But quite difficult for predicting as last season Champion League winner result where PSG have poor performance at phase league but success become the winner, in other side Liverpool have unbeaten games since phase league round have eliminated early from PSG at knock out round.
As the defending champion, PSG still not sign yet new players and depend current players almost all of them at the young age, easily for Luis Henrique as manager keep improving his team performance because around 70% his squad filling by youth players. Not hearing yet with transfer rumor from PSG which one new player will sign, actually really need with new striker how many often Luis Henrique playing Dembele as false nine position.