People can always put their own spin on matters and whilst I can remember the exact wording UEFA moving from FFP to their new all singing all dancing version provide a lot of convenient stats that they say supports their stated aims.
In terms of here in the Uk it’s a statistical fact that the number of clubs entering an insolvency event has fallen in recent years indeed if you look at the list
en.wikipedia.org
From 2000-2012 there were 42 clubs entering such events and 2013-2024 that had reduced to 9 . Most followed HMRC issuing Winding Up Orders
Pretty sure that a lot more emphasis was placed on keeping HMRC debts up to date and it was al linked to the clubs having to report any arrears to HM Government in real time and also the imposition of such things as transfer embargo’s