Football is indeed cyclical. Aside from the Serie A domination Jam mentions, once upon a time Holland were the greatest footballing nation on Earth. Brazil have always been there or thereabouts, and then came France, then Spain, and now Germany.
It's like music - trends come and go. The best solution is to recruit the best managers and players, for sure. During the period of English dominance in the CL - between 2005 and 2011 - we had an array of great talent in the dugout.
Ferguson is arguably the best manager who ever lived, Chelsea boasted Mourinho and then Hiddink and then Ancelotti, Liverpool had a Benitez whose philosophy and pragmatism was in its prime.
Next year - with Guardiola, Klopp, Wenger and whichever marquee name inevitably manages Chelsea - will be blockbuster. The only chink in the armour would be Giggs taking the helm at Old Trafford, as he's unproven, but at least he's bound to play more exciting football.