Many are of the opinion that five teams - Inter, Milan, Juventus, Roma and Fiorentina - will challenge for the 2008/09 scudetto.
Inter have retained their best players, captured Brazilian winger Amantino Mancini from rivals Roma and replaced coach Roberto Mancini with the shrewd Jose Mourinho.
Juve have signed striker Amauri from Palermo and Danish midfielder Christian Poulsen, who last played for Sevilla, whereas Milan have bolstered their squad with the acquisition of Gianluca Zambrotta, Ronaldinho and Mathieu Flamini.
Fiorentina have brought in former Milan striker Alberto Gilardino and Gianluca Comotto plus a number of utility players. What about Roma?
Roma have been very cautious in the transfer market. They have only signed defenders John Arne Riise (Liverpool) and Simone Loria (Siena) up till now.
The much-talked-about transfer of Adrian Mutu from Fiorentina to Roma collapsed after the Florence outfit decided to hold on to their highly-rated Romanian striker. Mancini, Ludovic Giuly and Matteo Ferrari have all left Roma in search of pastures new.
One question immediately springs to mind. Can Roma repeat and possibly improve on the runner-up spot of the past two seasons?
The return to full fitness of team captain Francesco Totti and Alberto Aquilani's commitment to the club are big pluses for Roma who have also done well to retain the services of Mirko Vucinic. However, one still expects the club to sign a proven scorer to boost their firepower, especially when coach Luciano Spalletti has to make do without Totti.
The fact that Roma have not reshuffled their starting line-up is a huge advantage as it guarantees continuity.
Doubts persist, however, as to whether Roma have the strength-in-depth needed to sustain the dual challenge of Serie A and Champions League football, presuming they progress in the latter competition. To this end, Roma need to add more versatile players to their squad so that Spalletti can rotate his formation.
Such players would prove useful for the coach, especially in the February-March period when the title race enters its most crucial phase and the Champions League goes to the knock-out stages.
Spalletti has done a terrific job since taking over as Roma coach. The Giallorossi have gone from strength to strength under the ex-Udinese mentor. Last season, they gained seven points more than they did in the previous league campaign but still missed out on the scudetto.
In 2007-08, the title race was a two-horse fight between hot favourites Inter and Roma. This time, more teams are expected to challenge for the Serie A crown.
The summer transfer window has just over a month left to go. Roma must get quality reinforcements if they are to be considered genuine contenders for the league title.
They certainly require adequate replacements for Mancini, Ferrari and Giuly. Besides, Roma must give Spalletti more options in all departments because next season promises to be even more demanding than the last.
Roma are still a competitive side. A top-four finish still seems to be well within their reach, provided they remain consistent and show the same determination of the past two seasons. But, doubts persist about Roma's title credentials.
Time is on Roma's side to prove me and the doubters wrong.