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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.
As one of the best clubs in the Bundesliga, they are always one of the strong candidates in every Champions League competition every season. But of course as you said, where season after season senior players and key Bayern Munich players retire and this has quite an impact on the team's performance on the field, but for better results in the following season, Bayern Munich and the coach are required to be able to make a quick transition and find the team's balance again.
I also think that Paris Saint Germain are favourites to win the cup again, it seems absurd but it's like that, they are good, they have gained experience, they have freed themselves of useless burdens and they seem to be very determined to win again, and that doesn't surprise me, they are also young
The best of this season, not necessarily for next season. PSG has been in the world of football for a long time and found a formula that is good enough to conquer Europe, and in the 2024/25 season under Luis Enrique, PSG managed to create it, so that PSG is not only strong in the domestic league, but also in the champions league. If PSG is able to maintain the consistency that has been built so far and deepen the depth of its squad, it is not impossible that next season they will also be able to defend their championship title.