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.