Man City, Arsenal, Newcastle, Man utd and Liverpool I think these 5 teams will compete very tightly in the next season. But maybe Man City will still be the favorite and the most favored compared to other teams. because their performance in the season that has ended has truly proven that there is a big difference in strength between Man City and other teams. And I still doubt there will be a team that can beat Man City in the next season.
I don't sure with Newcastle United will be compete teams for next season, not blame with Newcastle United achievement lead top fourth standing but they have many competition participants and qualifying to Champion League next season make them have busy schedule match.
Newcastle is already lining up top players to be signed in preparation for next season of course playing in UCL as well as premier league will involve having a strengthened club with depth according to this news report
link club owners has given Howes go-ahead to sign new quality players and spend funds within the Financial Fair Play (FFP). Honestly they club will compete at the top level with other top teams.
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Exactly, Chelsea is the most compete teams for next season based on my opinion, not participants in Champion League or Europe League make them have many time for getting rest and focus with Primer League only.
Truly Chelsea has a better chances or opportunity to concentrate on the league matches only having been out of any European competitions, however there is tendency of losing some of their quality players due to non participation in UCL or Europa cup thus it up to Pochettino to reposition the club in competing at the top level.
For Arsenal seems they not compete for next season, the same with Newcastle have play in Champion League will make Arsenal busy and think how to make balance with Primer League and keep consistent performance.
Arsenal will also be busy in the transfer window to sign quality players Edu had promised to strengthen the team and Declan Rice was there top priority now at the start of next season the club will well formidable.