MILAN (AP) - Italian clubs need to become owners of their stadiums if they are to compete financially with Spanish and English teams in Europe, according to AC Milan vice president Adriano Galliani.
Most Italian clubs rent their home stadiums from local city councils, leaving the likes of Galliani to look on in envy as English and Spanish clubs use the financial muscle that comes with owning their grounds to outbid Italian teams in the transfer market.
"Thierry Henry was a player Leonardo spoke to, but Henry said he would be paid 50 per cent less at Milan than at Barcelona," Galliani told reporters on Monday as he presented new Milan coach Leonardo. "So there was no way we could compete."
Galliani has been a long-term advocate of Italian clubs owning their stadiums so they can maximize their match-day income.
"Without owning our own stadiums we can't think of signing (Lionel) Messi or (Cristiano) Ronaldo. Ten years ago we would have. If we can't resolve this problem we won't have Kaka, Pato, (Zlatan) Ibrahimovic or any of these great players.
"The stadiums are old and obsolete. The one we were in yesterday (Fiorentina's Artemio Franchi) was built just after World War II."
Galliani's comments follow a dismal season in Europe for Italian clubs, with Champions League winner Barcelona being the only non-English team in the semifinals.
Milan is meanwhile braced for another attempt on its star player Kaka. On Sunday long-term admirer Florentino Perez was elected as club president and reports in Spain say the Brazilian will be presented as a Madrid player on Thursday.
"In regard to Kaka he is still a Milan player and has had no contact with anyone nor signed anything with anyone. He is on a contract here," Galliani said. "As far as we are concerned he is with the best team in Europe."
Leonardo was presented on Monday as his predecessor Carlo Ancelotti was named by Chelsea as its new coach.