Have used this tactic with PSV for 2 seasons now and I'm currently in October of the third year.
I finished second in the first season with 2 points difference to the number one. In the second season I ended in first place.
Now in my third season I have won 8 out of 9 matches and had 1 draw. I also won from Celtic (2-1), Napoli (3-2) and Real Madrid (3-0) in the Champions League.
In every season I had the best goal difference in the league scoring a lot of goals while also having (one of) the best defense(s) in the competition.