No they can’t, it also includes limited losses not just turnover, they’ve just posted a 3 month loss of around 26m on 157m turnover up to the 30th September. It’s the reason they are hamstrung and restricted from buying players this window.
They’ve over committed on a shite squad and the likely failure to qualify for the CL will fuck them over even more, the interest payments on debts which have increased since Truss completely fucked the economy means they’re truly paying the price in high interest charges.
They’ve got no get out as they have so many wank players on huge contracts who other clubs won’t pay a significant fee for and equally wank players who won’t move because they’re on easy street.
Btw, UEFA PSR started this season at 90%, this August for the 24/25 season its 80%.