The impact of the Covid pandemic will certainly not disadvantage City.
City are far less dependent of matchday money than Liverpool, United, Chelsea, Arsenal, Spurs, etc.
On an international view, the likes of Barcelona appear to be totally screwed. Maybe Real Madrid as well? I suspect that Bayern Munich will suffer more than City. It will not be good for the Italian clubs either. The mainland European teams do not have a TV deal anywhere near as lucrative as the EPL.
If they try and impose the basic FFP rules, in the current circumstances, than most teams will fail spectacularly.