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Newcastle takeover: Do they need to spend £1bn to reach Champions League?

Newcastle United became the latest in a long line of Premier League clubs to experience a high-profile takeover recently and excitement on Tyneside is high.

But amid talk of forthcoming challenges for the Premier League title, there is the stark reality the Magpies are 19th in the table and winless this season.

Nineteen of the current 20 Premier League teams have been taken over during the 21st Century, including every club to have won the title in that time.

So what can Newcastle's owners and fans learn from those previous buyouts, the money involved and the transformation in fortunes that have followed?