You pretty much nailed it @Tomahawk9

Atletico Madrid have everything to challenge for the title and champions league. It doesn't matter whether Barcelona and Real Madrid will be at their best or not. The thing is you can't write off ATM especially this season when they finally decided to spend losts of money, something they usually don't do.

They have done it before on a budget limited squad under Simeone, why not now after spending?