City will start the season as favourites for the league, and probably deservedly so as they're champions and will still probably spend another 100 million. It'll be a 2 horse race again. We should have better luck with injuries and players like Welbeck, Cleverley, Jones and Smalling will continue to improve.
I cant see Chelsea gettin near us, think they're still a side in transition, and Terry, Lampard, Drogba and co wont have much more to give.
Arsenal probably the closest challengers again. Think Spurs will weaken, can't see them holding onto all their key players, they certainly can't afford to keep Adebayor. Bale and/or Modric might be looking away especially if they don't get CL football.
Liverpool surely can't be as shit as they were this season. If they get a proper manager in they'll be about 5th.