The Magpies last lifted silverware in the 1969 European Fairs Cup Final, and have not won a domestic prize since they claimed the FA Cup for the last time in 1955.

However, after a rousing start to the new season, which sees them sitting in fourth place in the Barclays Premier League table and preparing for a Carling Cup fourth-round trip to Blackburn, Pardew is hoping he could be the man to end that drought.

Answering fans' questions on BBC Radio Newcastle this evening, he said: "If you are asking me what do I want in the next two years, I would like us to win a trophy. That's something that needs to be ticked here.

"If I can do it, it will be absolutely magnificent with the team; if I can't, we want to get as close as we can, to be competitive in the Premier League and keep pushing for a cup, because they are not easy to win.

"One or two of the top, top teams start focusing once they get nearer the final. The best team comes out and it gets harder to win.

"That will happen in the Carling Cup, of course, the further you go, the better the opposition are going to be."

Newcastle have undergone a fundamental financial restructuring since they suffered relegation at the end of the 2008-09 season, but with the break-even point close, Pardew insists their masterplan is not simply to tread water.

He said: "We are desperately trying to bring success here under the financial plan we have, and I think we can.

"That's the important point: it's not a financial plan for non-success, for mediocrity. It's not.

"It's to try to win a trophy, to try to be competitive and try to keep our best players once we have got ourselves in a good financial position.

"That's where we are and we are doing a super job."

Key to the club's hopes of success is retaining their top players, something they have been unable to do in the recent past with Andy Carroll and Jose Enrique.

Pardew admits they are vulnerable to massive bids from the Premier League's big guns, but is hoping success on the pitch can persuade players to stay at St James' Park, with skipper Fabricio Coloccini the latest man to enter contract negotiations.

The manager said: "I have got to be honest, I think we are okay, that's about the only sign I can give you.

"You have got two parties here you have got a club offering a contract to Colo, but really it's about Colo. If he agrees to the contract, then all well and good.

"It's difficult because his agent is Argentina-based and doesn't have particularly great English either, so we are waiting for him to come back across, and we think we can get the deal done."

Asked if interest from higher-profile clubs could affect the situation, Pardew admitted: "If he takes the shine of [Manchester United manager Sir] Alex Ferguson or [Manchester City boss Roberto] Mancini, then we will have a problem.

"But the more success we have, the more chances we have got of the player actually saying 'I'll stay'.

"The financial position we are starting to get ourselves into gives us a chance to maybe compete a little bit stronger for those players who are threatened.

"That's why this season is very, very important.

"At football clubs, when you get the feeling we have at the moment, if we can keep that, then we are going to have a successful year, I don't doubt it."