Chelsea boss Carlo Ancelotti admits big spending Manchester City are title contenders.
Ancelotti fears his compatriot Roberto Mancini has built a squad strong enough to challenge for the title this season, but he still sees Manchester United as the Blues biggest threat in the Barclays Premier League.
"Chelsea and United are slightly ahead of City, Arsenal, Liverpool and even Tottenham," he said. "This season we are going for the Premier League and, if possible, the Champions League.
"It would be great if Chelsea could win the Champions League. It would be Chelsea's first time, as was last season's Double which will be remembered for a long time."
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