I think the title is a two horse race between Chelsea and Man City. They have the two best squads in the league. Chelsea have the better manager and more cohesively built squad so they are my favourite to win over Man City.
I think Arsenal are clearly the third best team in league.
The battle for fourth place should be a good one. Liverpool, Man Utd and Everton all have a fair shot at that. Man Utd probably have most talented squad. A front three of Van Persie, Rooney with Juan Mata behind them is tremendous. Van Gaal is a question mark though. He is a big believer in his own system / style of play and that is quite different from Fergie and players do not always adapt quickly to it. Man Utd have been very good in preseason but that is not a great predictor of success. The 3-4-1-2 system he is using isn't something seen in EPL all that much either. So a few question marks for United despite having most talented squad of the three teams competing for that 4th place.
I am hoping Everton get it because I really like what Roberto Martinez did there last year but it could be any of the three. Everton probably the weakest of three but seem to get more out of themselves with their style of football. Liverpool have a big loss with Suarez going to Barca but they coped well without him during suspensions last year and the year before and the lad Markovic looks a good signing. Maybe a more balanced team this year (not as open defensively) despite less firepower.
I do not think Tottenham are a threat for 4th place. Squad still badly unbalanced. I do not think they have fixed those problems in the summer. Needed more creativity in squad (too reliant on Eriksen = fantastic player). I think that will cost them. So I have them in 7th behind the other teams. The manger (Pochettino) was a good move but I expect he'll be gone in 12-18 months too like so many of the other talented managers Daniel Levy has signed and subsequently scapegoated in order to keep the blame of his desk.
After that, things get very interesting and hard to predict.
I like what Newcastle have done. Cabella and Riviere were good signings. They have brought in a large number of players to boost squad depth. So I like their chances of finishing top 10. Southampton have had a rough summer. Lost a lot of quality players. The lad Tadic looks a brilliant signing but unconvinced over the rest of them. I think they will drop out of top 10 and be a relegation battler. West Ham, Stoke and Crystal Palace should be safe midtable teams.
Swansea should be okay but I don't think they'll reach the same heights as they have done under previous two managers (Rodgers, Laudrup). Paul Lambert has had a knack for surviving relegation scares despite having a very weak squad so I think he pulls of safety again. Sunderland did very well under Poyet but they have had some problems in transfer market so things are unclear there. Hull City were a great strory last year and I hope they continue to to survive in EPL.
I don't know much about promoted teams. Burnley, Leicester and QPR. I think West Brom get relegated this year.