Look, City is obviously the favourite and by a decent margine. Its amazing what they are doing without KDB and when he comes back i think they will be even stronger and much better. He creates so much that you just cant miss that much chances for one to not go into the net. Only thing that can set them back and i mean ONLY circumstance to not win the league is a Rodri injury. Saw it vs Wolves and Arsenal.
Arsenal have problems beating defenses and they dont get into positions as much as last year. They are lacking a striker, i mean when your best striker says scoring is not the best part of his game you have to question yourself. That could be solved easily with for example Osimhen. When they struggle to create chances you could just stick it into the box and he will deliver. In my opinion Taiwo Awoniyi would do an amazing job at Arsenal.
Liverpool on the other hand is quite well balanced team but its still a work in progress as you cant 3 bad transfer windows in one. Lack of squad depth at fullbacks, centrebacks and defensive midfielder mixed with Salah going to AFCON is a bomb waiting to be detonated. I think they will be good throughout the year but will have one period of 4-5 games where they will struggle and be set back 10 points, enough for 3rd but still far away from first. Next season could be a different story depends on Salah staying or getting adequate replacement + improving the squad depth which could be easy with Morton playing well and Quansah getting into the first squad.