For next season I don't think Bayern Munich will not be serious in the UCL competition, on the contrary, after his first season Komapny managed to win the Bundesliga title again, of course next season he will focus more on the UCL competition and a team as big as Bayern Munich must still be watched out for with their targets.
I think Bayern Munich cannot be underestimated for next season, they are quite possible to make a surprise.
Bayern Munich is a club that some big clubs wish not to meet in the knockout phase of the UEFA Champions League competition, but after some Bayern Munich key players retired, Bayern Munich lost their dominance in the UEFA Champions League, and they also struggled to maintain their dominance in the Bundesliga. But since Vincent Kompany managed to restore Bayern Munich's dominance in the Bundesliga and win the Bundesliga title this season, I believe Vincent Kompany will focus on also bringing back Bayern Munich's dominance in the UEFA Champions League next season.