Not sure about that. There are such random variables that even a side with the quality Chelsea possessed a couple of seasons back could finish outside the top four. I think ourselves, Liverpool, and Arsenal are much of a muchness, if you were forced to rank us you'd probably, as it stands, go Spurs, Arsenal, Liverpool, but the quality difference is so slight that randomness means it could go in any order.
I honestly think Liverpool are nowhere near either of you cockney spiv brigades in terms of quality of squad.
They were 11 points off last season, their signings aren't a patch on yours and their star man is a raving lunatic.