While some may have been expecting Newcastle to splash more money than they actually did over the summer and to really put a marker down to try and push for a space inside the top four under their very wealthy new owners, that was far from the truth.
PIF handed Eddie Howe a sensible transfer kitty that saw them splash out a reasonably hefty £122m on four new players – including a club-record signing – but the club have constantly reiterated that it will be a gradual process to get Newcastle back to the top, which is where they ultimately want to be.
According to Caulkin, the long-term goal of PIF is to have Newcastle as a constant title challenger to both Manchester City and Liverpool in the Premier League.
He said: “Well, they aim to get to Europe, they aim to win things – I mean, that’s the dream. They aim to be a club that’s up there with the likes of Man City and Liverpool, regularly winning things, but how do you get to that position and how do you maintain that position? You grow all areas of the club.
Will NUFC win the PL within 10 years?
“So that’s a long-term goal at the moment because they’ve effectively, if not quite starting from scratch, they’re starting from a position where the club’s been stripped back.”
TIF Thoughts on PIF’s long-term goals for Newcastle…
It seems there are exciting times ahead for Newcastle and their fanbase, although that doesn’t seem to be the case this season just yet, with only a single win under their belt so far – something that will likely be worrying both Eddie Howe at present.
When Newcastle’s takeover was passed through by the Premier League, Amanda Staveley went on record to Sky Sports saying that PIF wanted to win the Premier League within 10 years, which is looking very ambitious right now given how far away they are from the top of the table – though it should be pointed out Manchester City became champions less than four years after their current owners arrived.
This season will likely be one of trying to solidify a spot inside the top 10 for Newcastle and Howe, and PIF can assess the situation next summer before deciding how much more money is required to help propel the Magpies closer to the likes of City and Liverpool.