PHP is a verbose language, it is known. It is not a bug, it is a feature. Yes, some languages like to make their source code look like it was gzip-compressed, and have one or two-character symbols for everything. PHP is not among those, and I don't see how writing "fn" instead of "function" really helps. Are you so lazy as to type "function"? Get a decent completing editor, it'll do it for you. But code saying "protected function sayHello()" is much better for everybody that one saying "pr fn sH()". Same goes for syntax like "!_->" - it looks like cartoon "expletive deleted" sequence, not like a readable code. PHP is not APL, it should be obvious to a reasonably knowledgeable person what goes on there.
The idea of space-as-syntax, the most known implementation of which is of course Python, has its advantages and disadvantages. I admire the cleanness of good python code, and and the same time I am greatly annoyed when I have my code break because there's some space instead of tab or tab instead of space or extra space somewhere where it is not obvious. But I'd be interested to see people try out "PHP with Python indentation syntax" and see how it works for them. I don't see it a big difference but would be an interesting idea to play with.