okay, sure - but we're not in europe. so what?
again with city, they had to pay a fine - again, the owner's pumping in money. so what? they can pump in a bit more.
realistically, if the team has money backing them then the PL don't much care and won't much worry. these days, they'll argue covid hurt lots of teams so there's a need to loosen the regulations a little bit and they'll allow losses if backed by the owner or something like that.
end of the day, i suspect that we tweaked our dates for announcing our accounts deliberately to coincide with changes around the covid-related assessment period changes (and increase in permitted losses) and a small gamble on refactoring losses into the stadium costs alongside removing high earners off the wage bill. next year or the year after, the accounts will have magically turned themselves around.
besides, as i understand it (which may be the problem with this in fairness) a chunk of the 'losses' are due the decrease in value of the squad based on contracts running down (amelioration over the contract length). all it takes is a few contract updates/extensions and sales of players at the end of their contracts and the squad value goes up, and the 'losses' vanish.
ultimately, it's all smoke and mirrors when it comes to accounting for this sort of business.