True the season is just starting and it's true that Chelsea has had a good start to the season but there are other teams that are better than them when it comes to the champions League because teams like Barcelona, Madrid and even bayern munich has more champions League experience than Chelsea.

So it will be much difficult for Chelsea to win the champions League than the above mentioned teams Chelsea is still in a building process and should focus more on getting a good team first before seeing themselves as favorite when it comes to the champions League.
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Chelsea have a good squad, but they need to play together in harmony and get to know each other for a while. Look at Manchester City a few years ago; they dominated the Premier League on their own after being in harmony. To achieve the same, the players will need to play together for a while and get to know each other. Perhaps Chelsea could be one of the favorites next year, depending on how well the players can find each other.