They are abysmal. They have 5 players in their squad with 10 or more PL goals in their career! They've spent obscene amounts of money on absolute dross including £15M to Burnley for Dwight McNeil, £10M to Man U for James Garner and going a bit further back £20M for Allan, £25M for Ben Godfrey and, worst of all, £30M for Alex Iwobi!
Even their biggest sellable assets in Calvert Lewin and Anthony Gordon are bang average and they should have bit Chelsea's hand off when they were bidding £50M for Gordon in the summer. I genuinely don't think either of those 2 improve Rangers or Celtic's starting XI.
They've regressed at a rate of knots since Moshri took over and one poor managerial appointment after another (with the exception of Ancelotti who was never going to hang around) has led them to hear where relegation seems inevitable. Their now looking at bringing in Bielsa who I don't see as an upgrade on most of what went before him and will have no time in the current transfer window to improve one of the worst squads in the league.