Morten Gamst Pedersen believes Blackburn can challenge for a place in Europe under Sam Allardyce.
Pedersen ended speculation about his future on Wednesday by signing a new four-year-deal with Rovers, who he joined from Tromso in 2004.
In the six years since then the winger has taken part in two European campaigns with the Lancashire club - in the UEFA Cup in 2006/07 and 2007/08 - and Pedersen feels Allardyce is capable of taking Blackburn back to that level in the near future.
"Our manager is one of the top managers in Britain. I'm confident that he will build a team that can be competitive in the Premier League," Pedersen told the Lancashire Telegraph.
"Anything can happen. Fulham was the perfect example of that when reaching the final in the Europa League this season.
"I am confident our manager will bring us up to the level where we can compete for a spot in the Europa League.
"Liverpool, Chelsea, Manchester United, Arsenal may be the big four clubs but Manchester City, Tottenham, Aston Villa and Everton are all challengers for a Champions League spot. This shows the strength of Premier League football."
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