Amanda Staveley says Newcastle will be aiming for the Premier League title following the completion of an ownership takeover.
A Saudi-backed consortium has completed its £305m takeover after the Premier League approved the deal.
And Staveley, a director of PCP Capital Partners who are part of the investment group, says the new ownership have grand plans for the Tyneside giants.
"Newcastle United deserves to be top of the Premier League. We want to get there. It will take time, but we will get there," Staveley, who is now a director on the Newcastle board, told Sky Sports News reporter Keith Downie.
"We're proud to be part of the Premier League. It's an incredibly competitive league, which we love. Premier League football is the best in the world, and Newcastle United is the best team in the world.
"We want to see it get those trophies, obviously. At top of the Premier League, in Europe, but to get trophies means patience, investment, time. We want everybody to work with us to build the club towards what it needs to be."
On transfers, Staveley added: "We've got a great squad. I had a great chat with Jamaal [Lascelles] tonight as captain. We're really excited about strengthening the squad, but we have to work within Financial Fair Play and make sure this is done over a longer term.
"But you can know and be reassured that we want to invest at every level. We want to get the best squad we possibly can.
"Everybody talks about it [big-name players], but what you need is a team that works well together. That's also just as important."
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