Fining people with bottomless amounts of money is pointless. It also turns complying with FFP into a fee - it's just the cost of doing business. Unless there are real sanctions (limiting squad sizes, transfer bans, banning from entering the CL) then it will as laughable as the 'fit and proper' test.
Instead of just quoting this, I have highlighted it for emphasis. Sporting contests become meaningless when the funding of club's like Man City are, to all intents & purposes, limitless. See earlier rant...