This summer Chelsea made some very shrewd acquisitions in the transfer market, with the arrivals of Diego Costa, Filipe Luis and Cesc Fabregas just examples of their excellent transfer business..
With that in mind they have been heavily tipped to win silverware this season - and already look good on meeting that expectation.
They top the Premier League after dropping just two points, and those were away to the current champions Manchester City.
They are quickly becoming everyone's bet for the Premier League title, but most football fans know that Chelsea boss Jose Mourinho wants a different trophy in his locker from his Chelsea experience part deux.
Mourinho wants to win the Champions League with The Blues.
The Portuguese boss has won the title with FC Porto and Inter Milan but it has so far eluded him as Chelsea supremo - most recently at the semi-final stage against Atletico Madrid last season.
But one man who believes Mourinho could, and probably should, guide Chelsea to European glory this campaign is Ruud Gullit.
The Dutchman is a former Chelsea manager himself, taking charge of the team for an impressive stint between 1996 and 1998 before being unceremoniously sacked by chairman Ken Bates, after a complete breakdown in the relationship between the pair.
Gullit believes that Chelsea are the favourites for the trophy, as he mentioned during a Facebook question and answer session on Facebook for the Champions League this week...
"If I knew that [who will win the Champions League] I'd be a rich man! I think Chelsea are favourites."
Chelsea started their campaign with a disappointing draw against Bundesliga side Schalke 04 but have a favourable group and should make it into the next stage of the competition.