It's an obvious choice for them, they are truly a royal club, the most titled club in the history of the Champions League, of course they will focus on this tournament, moreover now they have a new star player in the team on whom everyone has high hopes, so I think in the next few years they will win at least once. But the fact is that with the conditions they have now, they could easily win La Liga.
Madrid is the best team in the UCL ever and the fact that they have Mbappe now means that they would want to try and win it again this year since the UCL is one of the biggest trophies that Mbappe is yet to win even though he fought very hard to win it during his time at PSG. Despite this fact, I still maintain my stance that Madrid might not win the UCL despite everyone's predictions. Mbappe's lack of UCL reminds me of Harry Kane's lack of a trophy
Kane has no titles at all and the situations are completely different on all sides. I'm not saying that a player like Mbappe is a panacea, but he significantly strengthens an already very strong squad that is capable of winning the Champions League. Real have been playing at the highest level in the Champions League for the last couple of seasons, so I don't rule out that happening again this season