Yes it's possible but 99% not possible in the first season without the use of FMRTE or another tool used to boost your squad / finances etc.

You can do it , you just need to have a lot of patience because it will take a while.
Probably if you use corner glitch or some other exploitation of the ME.
First avoid relegation. Then stabilize the finances, work the club upwards in consistency on the table in coming seasons, aim to be a mid-table side in 6 years, and remain firm there, balance your checkbook, gain momentum as a top-5 side and then challenge for the title.