Genoa president Enrico Preziosi insists there's no need to panic over the way AC Milan swept aside the Serie A new-boys yesterday.

"We have a good team in place," insisted the Genoa patron, "even if today we didn't show it.

"We are a good side. For us, the market is closed, unless a new Kaka pops up."

Preziosi also remarked: "AC Milan are simply at another level to us. We're not ready to compete for trophies. They were very strong, but we never gave up."