Owen Hargreaves believes Manchester City start as favourites to lift the Premier League title on paper, although he is expecting a fierce fight at the top of the table.
The former City and Manchester United midfielder is expecting an epic tussle for top-four finishes in 2017-18, with several sides in the mix.
Only one will emerge victorious, with reigning champions Chelsea another of those to have spent big this summer in an effort to hold on to their crown.
"Manchester City have the best team on paper,” ex-England internatiomal Hargreaves told the Premier League’s official website.
“It took a bit of an adjustment for Pep Guardiola but City are my favourites.
"From there down anything is possible. Chelsea were by far the best team in the league last season and I’m surprised Tottenham Hotspur haven’t done more business. They’re that close to being able to push for the title but they probably need that Gareth Bale type figure to carry them.
“I think United will be right there with [Jose] Mourinho.”
Most of the leading contenders have splashed the cash during the summer transfer window, with fresh faces brought in to aid domestic and European campaigns.
Many of the coaches in the hunt also have experience when it comes to landing league titles.