Don't panic!! Well, not yet at least...

It's OK. No need to panic. Yes, I know we've been here before: a Community Shield encounter with Arsenal, a frustrated manager bemoaning the lack of signings, an apparent lack of confidence in front of goal, and a Premier League title to defend, but lightning can't strike twice, right? Right? Antonio Conte's gloomy fear of suffering "the Mourinho season", following an indifferent start that rapidly went downhill until the manager was sacked in December, can't happen again. Can it?

Based on the period since Chelsea lifted the Premier League trophy in May, it can. Not that it will, but the mood around the reigning English champions has been skittish to say the least. The parallels with the post-2015/16 season disaster are glaring, not least because of the manager's frustrations with the transfer activity (or lack of), but also in the fact that Antonio Conte - like Mourinho did shortly before that infamous opening game against Swansea on August 8, 2015 - has just signed an improved contract himself. Then there has been the substantial list of target players who've failed to show up, including Romelu Lukaku, gazumped by Manchester United.

Yesterday's draw at Wembley (settled with one of the more soul-crushing penalty shootouts you'll ever see without anyone wearing an England shirt) was another exercise in humility for Chelsea. Whatever hubris generated by last season has been reset to zero over the last few weeks. Beaten on that very turf, by the very same team, at the FA Cup Final in May, they exhibited none of the exciting swagger and even youthful exuberance of their compelling win over Arsenal during the pre-season tour in Singapore. In fact it was, too all intents and purposes, a complete re-run of the cup final, the game that determined that these two teams would meet again less than three months later at the same venue. That Victor Moses redeemed himself with a fine goal to erase the memory of a woeful performance in May that saw him sent off and Chelsea exposed, was negated by Pedro's rash raking of Mohamed Elneny's Achilles, the arguably extreme instant red card, and then Arsenal equalising from the subsequent free kick.

Twitter/Simon Johnson

The Community Shield is never billed as anything more than a curtain-raiser. Even Pedro's dismissal won't count when Chelsea kick off their title defence against Burnley next Saturday, as the Wembley game is considered a friendly. But as the Twitter cliché goes, there is no such thing as a friendly, especially when Chelsea and Arsenal meet. However, yesterday's game was an interesting, if subtle projection of managerial styles. Arsène Wenger stating in his post-match interview that he needs to cut down his first team squad of 33, with Antonio Conte reiterating his increasingly urgent need for signings - not that he needed to say anything.

There is still much to like about the Chelsea that won the 2016-17 English title, but there are also some glaring gaps. David Luiz - for all his charisma and chutzpah on the pitch - gave glimpses of his more maverick self yesterday. He's a wonderfully entertaining individual, but he also needs to remember that he's not infallible. He needs tougher competition for that position to keep him sharp. And Marcos Alonso, who sometimes doesn't get praised enough, can also easily demonstrate why he was something of a last-minute panic buy last summer.

But the bigger worry for me is that with Eden Hazard out injured, and Diego Costa resorting to doing workouts from the family garden in Brazil while he waits his return to Atlético Madrid, Chelsea are looking threadbare for real creativity. Alvaro Morata will get there, eventually, and Michy Batshuayi has come on leaps and bounds in the short space of time he's been leading the line, but even he looked profligate in front of goal yesterday. Pedro and Willian will continue to vie for starting roles in which their pace and guile can be applied, and Cesc Fàbregas will continue to supply inch-perfect passes - when he's allowed to play, and clearly at the cost of having the more defensive-minded Tiemoue Bakayoko play alongside Kante in the role he was bought for. But...

There are missing parts. Conte's summer refrain about signings has not been out of moody, Mourinho-style petulance, but a genuine concern that, while Chelsea's business dealings have seen a good amount of money come in for the likes of Nemanja Matic, Bertrand Traore, Nathan Aké and Nathaniel Chalobah, the £130 million spent so far on Antonio Rudiger, Bakayoko and Morata is not enough. In any normal time, and in any normal, non-inflationary market, £130 would be the most you could spend on a slew of signings. But we are not in a normal time, and Neymar's ridiculous move to PSG last week has merely poured a flammable liquid on the raging nonsense that is player valuations. Sadly, that means Chelsea will need to conform to this new reality if they're to bring in the players Conte wants and be able to compete with the affluence of domestic spenders like Manchesters United and City, or those they'll be facing this season in Europe.

The worry, though, is that time is running out to bring in anyone of quality. The double-edged sword of that is that anyone of quality either has the door shut on them by their present club, or a silly price tag slapped on them to keep suitors at bay. And the next thing you know, you're watching Sky Sports and live video of David Luiz, smirking his way through St. Pancras on transfer deadline day, and the feeling that, proverbially speaking, the slow ones are being played at the school disco, and you've missed out on the one you had your eye on all night long.