So PL stopped it because they weren't getting their cut rather than Journalist Sheesh Kebabs in Turkey.
I've come around to the fact that the PL doesn't give a shit about financial fairness. They want the big money in the league, existing clubs be damned. It doesn't matter how much they spend or how they get their money, it's all good.
It makes the top four race "more interesting". Therefore more $$$ for the TV rights.
They can spin the club in decline narrative for traditional clubs like Arsenal, United etc. and get more eyeballs.
Reinforces PL's dominance. If you don't allow the big money, they'll look at the other leagues in the top five.
Their PL's loyalty ultimately is to the league itself, not the clubs that make up the league. And before anyone says it's only the big clubs that are worried about this, think of what this does to the Tottenhams and the Leicesters of the league - no chance they'll be anywhere near a top four / title in the near future.
The only hope is that all the super league shenanigans will force the UEFA to scrap FFP (which was designed as a financial health / stability measure) and promote something like wage caps / transfer caps to even the playing field a little.