I was among the people who believed Liverpool would likely win last season's Champions League trophy because at that time Liverpool had the best performance in the Champions League, but I was totally surprised when they were knocked out in the round of 16 by PSG. Despite the players Liverpool added to its squad in the summer transfer window, there's is a big possibility that Liverpool will still miss out in winning the Champions League trophy this season if they fails to be at their best when playing against tough opponent.
No team is the best as far as the champions league is concerned. They are all up against each other and this is a very competitive competition that every team has the potential to win and lose at the same time, so it’s very difficult to tell which team can be eliminated from the competition or not. The group stage games is rather more predictable than the knockout phase tournaments, so it’s likely that one's prediction will be correct. Liverpool is still a big team this season, and I think they will have a chance for the title once again after showing their good start to the first game of the season and the other games so far.
No, the squad in the Liverpool team right now can't be compared to what they had last season this season they have a very solid team but their mentality is still very low due to the pains in the team after losing their player Jota. For the league this season Liverpool has the best squad but coming to the champions League they have to get to the quarter finals before one can be sure of them winning it.
They may still be feeling the pain of losing their striker but I still don’t see them being remorseful in the field, they look like a team that’s going all in for what they want this season. They have a better squad now than last season, it just depends on how they’re able to use this players very well to their advantage. Also, every other team have strengthened their squad and it’s likely that they also show a great battle and interest for the title which will make it even more difficult for Liverpool to prevail easily this season in the Champions League.