Newcastle United's takeover is complete. The club are now going to be looking at the upper echelons of the European continent and the Premier League, and in the future, the days of relegation fights and mid-table slumps are going to be over.
Immediately, winning the Premier League won't be in their minds. The form of clubs like Chelsea, Liverpool, and Manchester City are no doubt going to continue, while it seems we may not have seen the very best from Manchester United, and as a result, winning the division likely won't happen in 2022/23.
Nevertheless, one transfer window can change everything, and a few decent players can get them back towards the top end. To actually win the league, however, they're going to need a few windows under their belt and a bit of form, hence the odds of 66/1 for odds of Newcastle winning the Premier League.