You're right.Here's the thing, though; soccer is such a high-variance sport (luck and happenstance have an enormous role in specific outcomes of matches) and rosters turn over so often that "winning things" is often a misleading marker of which teams are best *right now*.
The Man City of this season happens to be basically the same team which won the league last season but bears essentially no resemblance to the Man City which won the league in 2013/14. Referring to them as "the same team" is effectively absurd.
Liverpool *right now*, by both eye test and underlying numbers are one of the very top teams in the world. That remains true whether or not they win the league or the Champions League or both/either.
I think I said at the beginning of the season that all I hoped for Liverpool was to put up 90+ points and see how it shakes out. That's still all I'm hoping for, and I'll be extremely happy with it. Best case, it ends in a trophy. Worst case, I'll have watched my favorite team win a whole helluva lot of football matches, and that's a whole helluva lot of fun.
They ain't sending me a trophy either way, so I take my reward when there's a good performance. It's why I would be happy to see LFC v Barca next round. That just seems like a whole lot of fun.