Totally disagree with this.
One of the biggest legitimate complaints laid at the door of Ashley is that he didn't invest at all in Newcastle's infrastructure. Not a penny has been spent on the stadium in nearly 30yrs and their training ground is one of the worst in not just PL but Championship too!
Their fans have been non-stop complaining about this state of affairs too, so it's rubbish to say they "don't give a shit" when evidence to the complete opposite exits.
Those "top players" that they will want to bring in are also being courted by PSG, Man City, Liverpool, Man U, Chelsea, Real Madrid. The next tier down of Spurs, Juventus, Woolwich, Bayern (I've put Bayern in this tier and not above because all they seem to do is take from other Bundesliga Clubs like Dortmund and now RB), Barca(??), Dortmund. Every single one of these Clubs has established elite infrastructure from the stadium to training grounds.
So, if you are a player looking to play for an elite club now Newcastle sure as hell ain't the club you will be choosing. In fact, if you were say Saint-Maximin at Newcastle now and anyone of those Clubs came in for you you would be off like a shot (even if wages were matched). Why would he stick around for a project that will take a decade to come to fruition when the possibility of joining an elite or 2nd their elite club now? A footballers career is a short one.
Also, known of these Clubs are going anywhere. City is a good example to look at, they have laid the groundwork for the revenues to stream in, an academy that's established and a worldwide club network for players to be transferred between their franchises etc. This has taken 13yrs and we've yet to see the true benefit of that infrastructure kick in yet (maybe Foden and Sancho are the two successes of the academy and they couldn't hold onto Sancho).
But however you look at this they absolutely have to build an infrasture that enables them to compete with PSG, City and the rest because that's the reality that they will be facing when fighting over the same players and this is even assuming that Newcastle is out a comparable level and the player is making his mid up over what team will give him his best prospects.
What is the unique selling point that Newcastle offers the players/coaches that they wouldn't get at all those other Clubs mentioned?
People thinking that this is going to happen in 3yrs are getting totally carried away with this circus, it took City 6yrs to win PL part of this was accelerated by the infrastructure that was put in place, a new stadium (paid for by the taxpayer) & a brand new academy and an investment of approx £1.5b to underpin it all. (It's been 9yrs since the Qatari's took over PSG and like City haven't won a CL yet, they've dominated the domestic league because there's no competition to them unlike there is in PL).