Wow, they are already third? Although after the season where Real won the Champions League beating Chelsea, Liverpool and City in succession and was recognized as only the third club of the season (after City and Liverpool haha) I will not be surprised by anything and this is a good sign 
As for my prediction, I don't really believe in predictions for tournaments that have a playoff section - too much randomness, but I am happy that the likelihood that this season will be a battle of top clubs and not a battle of the disabled is high. To begin with, I would like Real to win La Liga. They are the favorites there now, but they were favorites last season too.
The favourites are just a guess. Were PSG favourites to win the title last season? No, they were completely out of the running. We might see a favourite or an underdog win the title this season. If the winning teams were determined based on historical statistics, we might not see any new teams. Real Madrid are a very strong team now, especially after signing some new players. But there are still teams that can threaten Real Madrid. We cannot ignore the likes of Barcelona, Liverpool, Chelsea, Arsenal and Atletico Madrid. They are also in the running and could give Real Madrid a tough time.As for my prediction, I don't really believe in predictions for tournaments that have a playoff section - too much randomness, but I am happy that the likelihood that this season will be a battle of top clubs and not a battle of the disabled is high. To begin with, I would like Real to win La Liga. They are the favorites there now, but they were favorites last season too.
Yes you are right for me I don't see real Madrid winning the champions League title next season because I feel there are teams that will always defeat them for example Barcelona, Barcelona are still very much inform than real Madrid and this season Barcelona target is to win the champions League title so it won't be an easy one for real Madrid especially since they have a new coach who is still trying to know and get use to the team, real Madrid now there defense is not strong they need to change those their defenders because they made a lot of mistakes that was why PSG was able to score them those two goals at first before increasing it.
For me Barcelona are the teams that may likely lift the champions League title next season however PSG is still there and will disturb them, the only team I think will have a chance of winning the champions League in the English league is Liverpool and Arsenal, I won't put Chelsea there just because Chelsea win PSG in the FIFA club world cup final and lifted the trophy those not make they are inform, well nobody believed PSG could win the champions League last season so anything can still happen like they always say football is unpredictable.