For the first time in a while, there is a genuine belief that all of the top three London clubs could finish with at least a Champions League spot, or one of them could maybe even win the title.
The ever present contenders - Arsenal and Chelsea, will be in and around the hunt, while Tottenham Hotspur, backed with their big Bale bucks spending spree, could have a good season.
Out of the other London clubs; West Ham, Crystal Palace and Fulham; expect the Hammers to win that duel.
Fulham and Crystal Palace could be involved in a relegation scrap this year while Sam Allardyce's men look too good to go down, but i'm sure thats been said of the Upton Park outfit before...
But back to big-players; Tottenham, it should be fascinating to see how they fare this time around, with almost a completely different side.
The defence stays the same, but the midfield is almost unrecognisable from last year. Whilst Roberto Soldado is the man charged with taking over from Jermain Defoe and Emmanuel Adebayor to grab the goals.
Out goes the apparently ageing Clint Dempsey, Scott Parker and untrustworthy Tom Huddlestone.
In come a host of talent from all over the world to pack out the midfield. Crucially, Gareth Bale has gone, but his world record fee could be the best thing that ever happened to Spurs.
The North Londoners may have lost someone irreplaceable, but crucially they haven't actually tried to replace him.
Instead they completely changed the make up at White Hart Lane, no longer will they be reliant on one man to grab the goals, there is creativity and goals throughout this side now.
This was probably what Andre Villas Boas wanted to do at Chelsea, without getting the support or time, this will be the true test for AVB as a manager in England.
I believe Tottenham will go a level up, but at the same time I cant see them overtaking Arsenal or Chelsea.
Two years ago they could've, but Arsenal will always look to have that knack and experience of turning it on when most needed.
Arsene Wenger must be sick of the critics given his long and successful reign but he cannot hide from the fact that five or six years ago they were disappointed to finish second.
Now, look at the wild celebration art finishing fourth, those scenes tell a story of 1000 words on the decline of the Gunners.
The signing of Mesut Ozil has dampened the fires that raged for Wenger's dismissal, but only another two or three signings in the same elk as Ozil would turn them from top four to top one.
The actual problems with Arsenal don't emanate from Ozil's position.
The German play-maker will not solve the need for a commanding Tony Adams style centre-back or right-back or goalkeeper.
Nor will the former Real Madrid star protect that back four with incisive anticipation and crunching tackles.
And finally, while the record signing may create goals a plenty, he's unlikely to replace Robin Van Persie or Thierry Henry as the 20 to 30 goal-a-season striker.
Its a big list, but its what they need- they are a way off.
Nonetheless, The Emirate Stadium outfit always seem to pull it out the bag when they are written off, Wenger has morphed from a winner to a successful survivor.
This is the year of Chelsea though.
Jose Mourinho, possibly one of Stamford Bridge's best managers, is back.
However, forget that fact, The Blues could win the league this year regardless of who the manager is.
Rafael Benitez who was so mercilessly abused turned Chelsea into winners, eventually.
The way they finished last season is sure to serve as a good sign for this year, and thats before the added summer reinforcements.
There isn't an obvious, glaring weakness.
Fernando Torres, for all his criticism, statistically had a fairly good year. If he doesn't have a great game, Samuel Eto'o and Demba Ba can come in to change the style.
Take your pick with creative midfielders, theres enough for an A and B team.
Frank Lampard shows little, if any, sign of decline in terms on all-round contribution and Ramires is looking a class-act.
The defence looks pretty assured now; David Luiz looks less, shall we say, crazy? And Gary Cahill is establishing himself as a top defender alongside captain John Terry.
All the pieces look to be falling into place for Mourinho and it's certainly not unrealistic to think they will win the London battle as well as the Premier League...
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