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I hope so Newcastle can be one of the competitor at the top of the standings this opportunity is possible because they have broad access, including finance
I saw that Newcastle had the same scheme as Manchester City when it was acquired in 2008 when money is not the main obstacle then they can reach the highest place. Next season Newcastle has a tougher task, they will compete in the champions league a level not reached in recent years.
Newcastle can be a contender at the top of the table like they have been this season, but if they are not able to improve their players by signing some stars then it will be difficult for them to beat and stop big teams like Manchester City, Liverpool, Manchester United and Arsenal.
I believe Newcastle will not be the favorites in the Premier League as a team that will fight for the title race, but they can be competitors who will fight for Champions League tickets. If this team gets better season after season, then they can expect a title at the end of the season. It took a lot of time and big changes at Newcastle to win the title, but not next season in my opinion.