Mr. Lee was Yuri & Yohan's teacher. Yuri was the snarky sidekick character. Yohan & Mg are boyfriends, and Yuri visits them in their college apartment.
I preferred FYL, but I don't think you'll miss anything beyond Yuri hanging out in the faculty office with Mr. Lee and stapling papers. Yuri's romance with Mr. Lee doesn't begin until this story, so you won't miss too much if you only care about Yuri.
FYL focused mostly on Yohan. There IS at least one scene where Mr. Lee is looking at the same photo in FOS and might be more, but it isn't pointed out; his role in FYL is literally just their teacher.
Hey can I read this without reading for your Love? Will miss anything?