Chelsea, Arsenal and Tottenham could be challenged for trophies by Newcastle United in the coming years following their takeover last year.
The Magpies were taken over by a consortium consisting of PCP Capital Partners, the Reuben Brothers and the Public Investment Fund (PIF) of Saudi Arabia last year after a £300million bid was accepted by former owner Mike Ashley. The takeover could see Newcastle become one of the top clubs in the Premier League due to the financial power the new owners bring to the table, allowing them to compete with the likes of Chelsea, Arsenal and Spurs in the transfer market.
Whilst players are still likely to choose a move to the top London clubs ahead of the Tyneside outfit, things are already starting to change in a positive way for Newcastle following the appointment of Eddie Howe and signings of Sven Botman, Alexander Isak and Bruno Guimaraes, all helping the Magpies begin to improve. The Newcastle owners have sent a fresh warning to the renowned top clubs in the English top-flight in a statement following the anniversary of their takeover at St. James' Park.
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Newcastle chairman Yasir Al-Rumayyan penned an open letter to Magpies' supporters in which he outlined the club's ambition to challenge the likes of the Blues, Gunners and Lilywhites in the coming years. The letter read: "A year ago, we set out some principles in an open letter that framed our thinking as custodians of the club.
"We told you that we wanted to build, over time, a consistently successful team. And we told you that we were focused on long-term success.
"There is still a long way to go, but each season is a building block towards our objective - to challenge for trophies both domestically and in Europe. The club we are building is made up of people who understand our long-term vision, and understand the patience and persistence that it will take to achieve those goals."
Todd Boehly completed a £4billion takeover at Stamford Bridge earlier this year and is already aiming to protect the Blues' long-term success by targeting young, talented players that can make an impact on the first team straight away, as shown with the arrivals of Wesley Fofana, Marc Cucurella and Carney Chukwuemeka. Arsenal have committed to a long-term vision under Mikel Arteta which is beginning to pay dividends with the Gunners currently top of the Premier League after eight matches, and going strong in the Europa League.
Spurs made a return to the Champions League this season as they continue to build and develop under Antonio Conte, firmly challenging the Gunners and Manchester City at the top of the table so far this season. Newcastle have improved under Howe along with the signings they have brought in and are on the right course if they are to look to challenge the Premier League's elite clubs for silverware in the coming years, something which the likes of Boehly, Stan Kroenke and Daniel Levy may just need to keep an eye on.
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