Simply reading the rules would help your ignorance on this.
The profit and sustainability rules (the PL's version of FFP) are contained in Section E of the Premier League Handbook, rules E.45 to E.53.
Essentially they limit the permitted losses of a football club to £105 million over a three year period. This is not the aggregate of the net losses shown in the accounts. Several costs are permitted to be deducted from the statutory accounts (i.e. not counting towards the rolling £105m permitted loss figure), these being:
- Depreciation and/or impairment of tangible fixed assets & amortisation of goodwill (not players’ registrations)
- Women’s football
- Youth development
- Community development
- Covid costs for 2019/20 and 2020/21 – lost revenues and exceptional costs directly attributable to the pandemic
Don't take my word for it, read the rules from the PL handbook yourself, but please stop spouting utter nonsense