Here's how the top 10 stack up after Week 3 of Champions League play, factoring in both domestic form and UCL results.
Leicester City (Previously: 10)
Leicester City have more points in the Champions League than they do in the Premier League. They're a completely different team when it comes to Europe, and because of that, they retain their No. 10 ranking despite their dismal domestic form.
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Borussia Dortmund (Previously: 6)
Borussia Dortmund are still probably the most fun team in Europe to watch, but their form has cooled off a bit as a whole. They're still unbeaten in their group, but lost to Leverkusen and drew Hertha in their last two Bundesliga matches.
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Sevilla FC (Previously: Unranked)
Led by none other than Samir Nasri, Sevilla have surprised the Spanish league and Europe as a whole. They've stormed to third place in La Liga (just one point behind the two Madrid clubs), and they're unbeaten in their UCL group as well.
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Manchester City (Previously: 5)
City are winless in four matches, and it's finally looking like Pep Guardiola's honeymoon period is over. The team is still one of the most formidable out there, but they're clearly not the finished product, and their 4-0 hiding by Barcelona showed it.
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Juventus (Previously: 7)
Juventus still haven't figured their midfield out, but they're getting results. It took going a man down for them to wake up against Olympique Lyon, but they still sit atop their group, and they're unbeaten in Europe so far, with their tight loss against Inter the one blemish on their record this season.
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Arsenal (Previously: 8)
Arsenal are on a roll. They haven't lost a match since dropping their opener against Liverpool, and they truly do look like legitimate contenders at the moment. When Mesut Ozil is scoring hat tricks, you know things are going well.
Real Madrid (Previously: 4)
Real Madrid keep the No. 4 spot after breaking their run of four draws in a row, scoring 11 goals against Real Betis and Legia Warsaw (not so?), respectively.
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Bayern Munich (Previously: 3)
Bayern Munich also remain in the same spot after their early season steamroller-esque form cooled down following their tough 1-0 loss against Atletico. Their 4-1 victory against PSV keeps them right where they are at No. 3.
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Barcelona (Previously: 2)
Barcelona absolutely blasted Manchester City 4-0, partially due to a comedy of errors from Pep Guardiola's side, and partially by being a team that happens to contain Leo Messi, Neymar and Luis Suarez. Still, they didn't do enough to topple La Liga rivals Atletico who remain above them in La Liga and in the power rankings.
Atletico Madrid (Previously: 1)
Aupa Atletico Madrid. These guys mean business this year. They haven't lost a game, and they've only conceded three goalson the season. They're full of quality in depth, and their manager Diego Simeone has them prepared for just about any scenario possible. They rightfully sit atop the rankings.