Of the names on this list Liverpool have made impressive signings, not hesitating to spend big to bring in high quality players, they know Man City won't be sitting idle and will want to reclaim the title this season but given Liverpool preparations, I still consider them the top favorites and likely to retain their title, Chelsea and Arsenal are also making significant improvements, I think the upcoming season will be even more exciting as we'll be treated to some impressive performances from their new players.
Of course, that is the team's hope to defend the title, especially since they recruit players who are considered to be able to compete and defend their respective teams. And Liverpool is among the teams that recruit players to strengthen their squad and that is the initial foundation in defending and winning the title. However, in fact, Arsenal has also spent a lot of high costs to strengthen their team. I think by seeing them compete with every team that exists, it will certainly be more interesting to watch in the coming season.