Amanda Staveley has vowed to secure Newcastle’s first Premier League title.
But the club’s new joint-owners refused to support manager Steve Bruce after buying the Magpies from Mike Ashley for £300 million.
Newcastle have not won the league since 1927 but are now the richest Clubs in the world with the support of the Public Investment Fund of Saudi Arabia.
Asked if getting into the Premier League was the goal, the new Queen of the North said: “Absolutely. We have the same ambitions as PSG and Manchester City in terms of the trophy.
“Premier League football is the best in the world, and Newcastle United is the best team in the world.
“We want to see it getting those trophies. At the top of the Premier League, in Europe, but getting trophies means patience, investment time.
“Newcastle United deserve to top the Premier League and we want to get there. It will take time but we will get there.”
Thursday’s confirmation of the end of Ashley’s controversial 14-year rule sparked a huge party outside St James’s Park and across town, as fans chanted: “We’ve got our club back.”
Stavli said: “Our ambition is to engage with the fans – to create a consistently successful team that is regularly competing for major trophies.
“Do we want to win the Premier League within five to 10 years? Yes.”
Analysts estimate that Newcastle will be able to spend more than £200 million on new players over the next three years without breaching the Financial Fair Play rules.
And Stavley added: “PIF is obviously very rich and it’s hard enough at times, but they are also very commercially smart as partners.
“It’s going to be the most incredible investment.
“We have big ambitions, and we love the FA Cup. Newcastle last won the FA Cup in 1955 – that’s a long time.”
Stavli spoke to under-fire boss Bruce on Thursday but offered no support to Newcastle’s 19th-placed Geordi in the league.
She continued: “We are painfully aware of the issue of relegation and we are going to do everything possible to ensure that the club is not relegated. This is a matter of concern.
“But all decisions regarding the players and the manager are for another day.
“I spoke to the manager and said hi and introduced myself. We look forward to talking to him over the next few days.
“We’re going to do a review through football operations and come back and make some decisions.”
Fans are desperate to release Bruce, who has made a winless start after seven matches.
The unpopular Bruce, who has been in charge since July 2019, admits he could face a bite under the new owners.
Although no decision has been made officially yet, Geordi is set to be paid a whopping £4million soon.
and bruce said Wire Said: “I want to continue, I need a chance to show the new bosses what I can do, but you have to be realistic and they want a new manager to launch things for them.
“New bosses generally want a new manager. It’s been a long time for me to understand that. I’ll accept whatever comes my way.”
Yorkshire-born financier Stavley helped broker Sheikh Mansoor acquire Manchester City in 2008.
But Stavley, 48, always had big plans and now has the Citizens – and the rest of football’s global elite – in his sights.
He said: “Newcastle United deserve to top the Premier League and we want to get there. It will take time but we will get there.”
“We are here to invest. Not only in the players but also in the community and the academy.
“This is a long term one and we are excited about the future prospects for Newcastle United. We intend to instill a United philosophy across the club, setting a clear objective and helping to provide leadership that will help Newcastle United.” Will allow United to go on to bigger achievements in the long term.
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“Our ambition is connected with the fans – to build a consistently successful team that is regularly competing for major trophies and creates pride around the world. We have bigger ambitions.”
Stavley spoke to manager Bruce last night but said no decision had been made on his future.
While it seems inevitable that he will be gone soon, it was business as usual for Geordi yesterday as he trained.