Well where to start? For the last accounts on record, which are to Jun 30 2020 -What financial mess?
Its 2022, not 1985
Revenue <£20 million
Expenses >£35 million
Player Amortisation >£18 million
Gross Loss £16 million
Net Loss >£ 30 million
Accumulated losses >£206 million
Shareholder Value >£-86million
I doubt 2020/1 will be any better, given the Covid disruption.
Celtic's revenue in the last published accounting period (2020/1, one year later) was £60 million, with a loss of £11 million. The company has a positive value, and is rated as one of UEFA's top 32 teams, according to Statista. So Celtic value this guy at less than MFC, when they can afford to pay more. Maybe MFC can see something that Celtic can't, which is quite possible, or Boro might have signed the next Assombalonga. We'll see.
Lots of you are derisive of Scottish football, but football in Scotland is sustainable, whereas in England, save for a very few rich clubs, it clearly isn't. I want MFC to be around in a hundred years, but unless someone appears out of the woodwork with a billion quid to throw at the club, it's not going to be.
So, the financial mess that MFC dug for itself, and continues to dig for itself.