Inter Milan have said that they are not in a rush to enter into the transfer market as yet. The 2010 European champions have slipped out of the top three in the Italian Serie A. As a result, they will not be taking part in the Champions League next season, which is a major blow to the finances of the club.

Inter Milan are already suffering from huge debts and spiralling wages. The fact that they have missed out on the opportunity to have at least £ 30 million in revenue from the Champions League means that they will be cautious in the transfer market. It has proven to be the case after they are yet to make any inroads into the market.

It has caused some displeasure amongst fans, but the club has said that they still remain strong favourites to sign their targets. One of the high profile players linked with a move to Inter Milan has been São Paulo midfielder Lucas. Current European Champions Chelsea made a £ 35 million bid for Lucas, which was rejected by the club. Inter Milan, though, were the first club to register an interest in the player, but their bid of £ 25 million was deemed not good enough by the Brazilian club.

“Moura? It’s only June 11 and there is all the time in the world to prepare the squad well. We want to strengthen our team and our president (Massimo Moratti) has given us guarantees in that respect. Our aim is to be competitive next season in Italy and in Europe,” said Inter Milan sporting director Piero Ausilio to Sky Italia.

Ausilio also has said that the club have not been in touch with Parma regarding the possibility of signing Giovinco. The 25-year-old striker has been linked with a move away from Parma. Nor have they shown any interest in signing David Beckham.