Might also depend on what happened in the year before the years that they lost £90m you %$&*.If the criteria is viewed over x years, then you can’t assess it over a shorter period to say someone breached the criteria.
I don’t know much about FFP specifics, so know idea if they breached it, but going on your post only; they didn’t.
If they were still over the £33m loss by the end of the next year, then they did, but your post doesn’t say so, so I dunno.