I am going to go on a limb and say that Real Madrid will not win UCL this season as well. They are not going ot be as bad as last year, because they had many injuries last year which caused them to be worse, they will do better at group stages at least, and depending on who they face afterwards, I bet they can go even further, but they won't win.
It is not right to make such a stiff assumption about a team like Real Madrid. I cannot disagree with that Los Blancos now has one of the hefty squads in the world. Xabi Alonso new coach of Madrid has so far proven his potentiality. Now we are waiting to glimpse if Alonso could succeed with Madrid. Now if Los Vikingos players could adapt fast to Alonso's strategy, then their performance will ballast. I'm not something like emotional, I know Madrid's defense has kinda lacked till now, but you know they have several talented players on that defense line. The only thing Alonso should have to do is create a suitable match strategy so that Madrid's defense becomes stronger.