Every team usually have their peak season and this season is definitely not the one for Manchester City. Even if they eventually win the premiership title this season, there is no basis for comparing the Manchester City of last season to the one we have now. By this time last year, it was pretty obvious how the season will end. But this season, there is no one that can bet who will win the league. I know some betting companies, if not all of them, have odds for the teams regarding who will win the title. The odds for the team at the top is usually high but this year there is a major confusion because three teams are competing tightly and there is no clear direction as at now. The next few matches will somehow give us the direction the league will go.
I still feel that the next few matches will not still ascertain how the league will go and who will eventually be the potential winner of the league title. This is a very tight race and with the view of things, no team will give up so easily, the match winner could possibly be decided on the last day of the premier league game.
Manchester City are also confused on which competition to focus on now as all competitions are important to them and would love to win all three as they did last season. With this tight competition, I doubt if they can win even up to two trophies. Football is unpredictable though, but I still doubt if they can win up to two trophies this season.
The truth is their form this season really dropped a little bit as they lost Mahrez,and Gundogan who was so instrumental to their winning the trebble last season.After wiining those trophies for Pep,the duo felt like they've finished their work with Pep,and decided to go to another clubs, Gundogan went to Barca,while Mahrez went to another league to continue football.But this season,they have struggled a little bit with games,they haven't being able to win big teams the way they did last season when they won the trebble.Therefore,I agree with your point.they might just end up winning just one, because I'm quite sure Madrid will eliminate them from the champions league,and they won't win the premier league either.