Crossword Genius

Shakespearean compilation one silly fool digests (5)

Ross

I believe the answer is:

folio

I'm a little stuck... Click here to teach me more about this clue!

'shakespearean compilation' is the definition.
(I've seen this in another clue)

'one silly fool digests' is the wordplay.
I cannot really see how this works, but
'one' could be 'i' (Roman numeral) and 'i' is present in the answer.
an anagram of 'fool' is 'folo' which is within the remaining letters.
No letters remain.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for folio that I've seen before include "Leaf of paper" , "Folded sheet - or book made from such" , "Four pages" , "outsize book" , "Body of written work" .)

I've seen this clue in The Sun.
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