I have high hopes for Newcastle next season but I don't think they can compete for the EPL title. They will most likely be too four contenders but that's the highest I feel they can achieve in the league. They have the resources to build a league winning team but it won't be done overnight and I respect the project they're building. The kind of players the sign are players that fit into their project.
As for the champions league, the fact that they've been a way from it isn't really a factor to determine how far they'll go. If they have the squad for it and the coach for it then they will go far, but sadly they don't. I don't have any high expectations from them in the champions league.
Agree. Newcastle is already a long time not participating in UCL and their squad looks not enough to compete for the title. Although it is not impossible for Newcastle to reach the final round, but it seems a very small chance. Sure, they should take time to improve their squad again and try to always join UCL if they expect for winning the title. However, I really appreciate that Newcastle can join UCL this season, no one must believe in the early of the last season that Newcastle can finish in the UCL zone.