We’re not in FFP (or P+S) poverty. FFP rules are incredibly lax (and enforcement even more lax) and we have huge room to manoeuvre given the relative lack of outlay in the past few years.
Everton spent £35m on a midfielder a couple of weeks ago and no one batted an eyelid, despite their insane level of spending in previous seasons.
FFP is a comforting smokescreen; the idea that we’re the one club in history uniquely limited by it is absurd.