From a partisan point of view, sadly this won't help us. We aren't going to end up 3 points behind Leicester and suddenly hear they have a 4 point deduction and we are promoted/champions....tbh, even if we did, what a thoroughly crap way to get back up.
More generally, the financial fair play stuff is simply insane. It will get far worse when the football regulator gets brought in.
The easy solution is to simply demand clubs (or new buyers of clubs) keep money in an escrow account at a sufficient level to keep that club afloat. That should be a requirement for getting the "golden ticket". Then pretty much let clubs do whatever they want.