The former Denmark international, who lined out for both clubs during his playing days, feels that versatile Brazilian attacking midfielder Ramires is a massive loss for the Blues
The Bavarians will be without Luiz Gustavo, Holger Badstuber and David Alaba for the game at the Allianz Arena, while the Blues are shorn of the services of John Terry, Ramires, Raul Meireles and Branislav Ivanovic.
"My honest thought is that the suspensions give a slight advantage to Bayern," Laudrup, who represented both clubs during his career, told Uefa.com.
"Yes, it appears as if they may have to use a midfielder, Anatoliy Tymoshchuk, in defence and Diego Contento only has 14 matches all season.
"You'd call that a huge disadvantage but Chelsea have lost their captain [Terry] plus Ramires, Raul Meireles and Branislav Ivanovic.
"Ramires, in particular, showed his class against Barcelona [in the semi-finals] so, given that Bayern are at home for this final, I'd say that, overall, they have a slight edge.
"Bayern played very badly in the German cup final but we know that if they've just played one bad match then a very good one is close."
The 2012 Champions League final is scheduled to get under way at 20.45CET.
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