Surprise package Leicester City currently lead the way at the top of the table on 32 points from the first 15 games, two points above second-placed Arsenal, three clear of the Manchester sides and a full nine ahead of eighth-placed Liverpool.
In what has been described as one of the most open and competitive Premier League's in recent memory pundits have been reluctant to nail their colours to a mast.
Chelsea were many fans and pundits' tip to retain the title they won at a canter last season.
But their startling fall from grace - Jose Mourinho's side are languishing in 15th place and lost to Bournemouth last time out - has somewhat perfectly encapsulated this most bizarre of campaigns.
'Consistency the key to title hopes'
Now almost halfway through the season the Red Devils legend Ferdinand simply believes whichever side finds a semblance of consistency will emerge as champions come May.
"You've got Man City, who were my tip at the beginning of the season because of the squad they've got together, can't get any consistency," Ferdinand said in a BreatheSport video message posted on Twitter.
"Injuries everywhere key players Kompany, Silva, Aguero.
"Man United consistency is a big problem too, you don't know what's going on from week to week.
"Also you've got Arsenal still another thing, consistency, a lot of injuries too, that's hampering them.
"And Liverpool with the Klopp effect I thought 'woah, they're on to something' but then this weekend Newcastle smashed them 2-0.
"Who knows where we're at, the Premier League is all over the gaff."
Premier League, all over the gaff! https://t.co/Z07thOB6TP— Rio Ferdinand (@rioferdy5) December 7, 2015
It promises to be an intriguing few weeks in the top flight too and leaders Leicester are at the heart of the story.
Many fans and pundits have pointed to Foxes' forthcoming fixtures to provide the reality check many thought would have come much sooner and for normal service to resume.
Claudio Ranieri's men now face Chelsea, Everton, Liverpool and Manchester City in succession in games that could have big repercussions across the league.
Yes it looks daunting for Leicester, but which of those teams would want to play the Foxes right now?
It says something about the league too that despite all the problems faced by the likes of Arsenal, Liverpool, Manchester City and Manchester United with injuries, consistency, form and changes in manager, that they are all still well in the hunt for the ultimate prize.