Recent seasons have seen Tottenham Hotspur seriously challenge the domination of north London by their arch rivals Arsenal.
Tottenham's summer transfer activities and the lack of signings at the Emirates has seen people question the future direction of each club.
Arsenal had a fantastic end to last season, which enabled them to qualify for the Champions League preliminary round and their defeat of Fenerbache, to subsequently reach the group stages, may well help attract any transfer targets.
Tottenham though have stolen a march on their rivals this summer with some outstanding signings and clearly they are on the look out for more players to strengthen their squad.
Gareth Bale's departure, which appears to be imminent, would be a blow to any team in the world but Tottenham's acquisitions and the strength of their squad already should be enough to cope with such a blow. After all they may well have around £90m to reinvest in their squad.
Tottenham have brought in some quality players already with Roberto Saldado - a £26m capture from Valencia - already standing out as one to watch this season.
They have also suffered setbacks with Brazilian Willian deciding to join rivals Chelsea. However, the fact that Tottenham are competing for these quality players with clubs such as Chelsea is a good sign for their supporters.
Are Tottenham now favourites to finish fourth this season?
I cannot see either of the north London clubs challenging for the title this season as Chelsea and the two Manchester clubs look to be even stronger than last year.
Arsenal's first game of the season defeat to Aston Villa will have sent shockwaves through the club. Their capitulation gave their supporters grounds for pessimism about their fortunes for the season ahead. Their comprehensive defeat of Fulham in their next Premier League game was, however, encouraging.
Crucially though Arsenal were impressive against Fenerbache in qualifying for the group stages of the Champions League whilst Tottenham can only hope for European glory in the Europa Cup.
This may well be crucial in terms of attracting new players but both clubs may well find themselves having different fortunes when next season begins.
Make no mistake Arsenal have a side full of quality. Arsenal need a consistent goalscorer but do they really need to spend money to acquire one? I believe Olivier Giroud can be prolific, he already has three goals in his first three games.
Arsenal have been hit by injuries already this season but with the likes of Jack Wilshere, Theo Walcott, Lukas Podolski, Santi Cazorla and Alex Oxlade-Chamberlain in the side, they can be a handful for anyone but consistency is the key.
Aaron Ramsey could be the most improved player this season. His impressive performances already this season may well prove priceless to Arsene Wenger and could be just like a new signing for Arsenal.
This season could well be a close battle between the North London clubs but the signs are that Tottenham are intent on dominating their rivals this year and for years to come. Can Arsenal respond?
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