The Magpies knocked out of the Carabao Cup by Manchester City on Wednesday night as their trophy hopes start to dwindle this season under manager Eddie Howe.
Howe's side remain favourites to progress past Qarabag into the last 16 of the Champions League but there is little chance of the side going all the way.
The Premier League is also way out of reach for the side who face Aston Villa in the next round of the FA Cup later this month in what is their last chance at silverware.
Despite fans becoming frustrated, CEO Hopkinson has revealed the club’s ambitious plans to challenge for the title in just under 4 years time.
“I think 10 years is too long. We have a high ambition here, we have a concrete plan, it’s a five-year plan that takes us through 2030, it has benchmarks along the way.
“A plan without a timeframe attached to it is just a fantasy; it’s a dream. We have a plan here, we have a strategy here, we’re working on it every single day, but 10 years is too long. This is not a 10-year project, the club and owners want to win the league by 2030.
“The No.1 thing I talk to the ownership about is ambition. That’s the magic word here. We have total alignment on that. This is a club that, by 2030, will be consistently contending for the top prizes in global football. We have a lot of wood to chop between here and there. When I see Newcastle United, everywhere I look, I see opportunity.”
Newcastle have picked up just 11 points from a possible 36 against those sides currently above them in the division this season. Improvements are needed if they are to challenge for the title in what seems like a pipe dream for now.