FFP 2.0 is supposed to address that........I know, I know. It's down to appetite to enforce the intention of the legislation. The recent re-opening of the PSG enquiry seems to indicate that it's not going to be as easy to get away with financial doping but we shall see. The limit of an annual net spend of 100m Euro's and the number of outward player loans being limited to 6, will change things in favour of some clubs. Given our financing, we should be a beneficiary.
Absolutely. There are lots of problems. There's a new sheriff in Aleksander Čeferin as President of UEFA. He's a lawyer and specialises in sport related matters. It shouldn't take long to see whether he's part of the solution or part of the problem. The suggestion is that he's for the smaller clubs and countries and that looks possible. I'm counting no chickens as yet.
Clubs will already be thinking of ways around this. Buyback clauses and weird sales abound. This is silly, though: https://en.wikipedia.org/wiki/2018–19_Chelsea_F.C._season#Loan_out