It is definitely going to be a tough season for everyone and that includes Chelsea and Liverpool, although both teams has actually had a good transfer market and the market hasn't ended yet meaning that they can still get more players into their team.
I am still looking at Manchester city, arsenal and Manchester united this would be the teams to actually drag for the English premier league and I am still going for Manchester city to lift the league but it would be heavily contested.
The English Premier League would be extremely competitive, with only the most outstanding team winning the championship. Gamblers have already begun to formulate their betting strategy and forecasts for the next season. A competitive season for everyone; we know which clubs will rebound and who will continue to have dismal records. Chelsea and Liverpool were in dreadful form last season, but they will undoubtedly improve this season. Manchester City and Arsenal, perhaps I can't guarantee that the Gunners are still in condition following their pre-season loss to Manchester United, Mikel Arteta has a lot of work to do for his team.
Honestly next season will so tough that even the underated clubs will challenge the top team, clubs like Tottenham, Brighton, Newcastle, Chelsea and Aston Villa will prove their mettle when playing against those top clubs in fact will make the season to the most competitive season ever, of course many pundits and analysts will tip Man City as the likely champion based on their pedigree and consistency in the league, however they also face a stiff competition from Arsenal, Man Utd, Liverpool and Newcastle respectively because many of those clubs had also strengthened their squad with quality players.
Meanwhile Arsenal loss to Man Utd in their last preseason match shouldn't be a yardstick to rate the club until the league start properly.