What do the MRI reports of a knee suggest?

Hello doctor,

My MRI of the left knee joint was performed. A plain MRI study of the knee joint is performed in axial, sagittal, and coronal planes. Complementary CT screening was performed and images were reviewed.

Observation is as follows:

1. Early degenerative osteoarthritic changes in the form of reduction in joint space, osteophytic lipping, articular cartilage thinning or loss, and subchondral cystic changes (predominantly at patellar lateral facets).

2. Grade II signal involving the posterior horn of the medial meniscus. Roots, anterior horn, and body appear normal.

3. Subtle marrow edema involving bilateral tibiofemoral condyles and head of fibula. Mild intraarticular and periarticular fluid collection.

4. The lateral meniscus is normal with no evidence of any tear or any area of signal alteration.

5. The anterior and posterior cruciate as well as the lateral and medial collateral ligaments and unremarkable with no evidence of a tear.

6. The lower end of the femur, the upper end of the tibia and fibula, and the patella are unremarkable.

7. The muscles, tendons, and fascial planes around the knee joint are normal.

8. The patella is normal in location. The quadriceps and patellar tendons appear normal. The medial and lateral retinaculum is intact.

Please help me in the interpretation of the attached MRI reports, also request further course of action.