Barcelona, Real Madrid and Manchester United are the biggest threats to Bayern Munich's hopes of Champions League glory, according to Stefan Effenberg.
The 47-year-old featured for the Bavarians as they beat Valencia on penalties to lift the continental trophy at San Siro in 2000-01, and he feels his former club are in a good position to replicate the feat when the showpiece event returns to Milan next year.
However, the ex-midfielder has suggested strong competition will come from Barcelona and Real Madrid, while also tipping Manchester United as surprise candidates for the title.
"It is the same story every year: Barcelona and Real Madrid have very strong squads and I think that both of them are serious opponents for Bayern Munich," Effenberg said at the Aspire Academy Global Summit in Berlin.
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