Amanda Staveley says Newcastle United want to match Manchester City and PSG.
Staveley has outlined the ambition of the consortium, backed by Saudi Arabia's £320billion Public Investment Fund (PIF).
"Of course we have the same ambitions as Manchester City and PSG in terms of trophies, absolutely, but that will take time," Staveley told the Daily Mail.
"Do we want to win the Premier League within five to 10 years? Yes. This takeover is hugely transformative.
"We want to see trophies. But trophies need investment, time, patience and team work."
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