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.
Bayern Munich alone is a big name with or without Vincent kompany Bayern Munich can face any top European team, like for me I don't really see Vincent kompany doing anything their, because when a team gets the required players the team becomes naturally good, my reason is yes Vincent kompany brought Burnley to the EPL and still take them back to relegation so if Vincent kompany was that good he could have keep them their, just like klope that took werder out of relegation and till now werder are still there with his help, so for Vincent kompany coaching Bayern Munich is still a political game I don't understand, so for Bayern Munich we all know they will really put some good performances at the ucl because they already got what it takes and kompany is just there for formalities because left with him alone he will crash that team