Marcello Lippi is concerned for Serie A after no Italian clubs made the semifinals of European competition.

The former Juventus coach is currently working in China with Guangzhou Evergrande.

"It's a bad sign for Italian football that none of the teams got past the quarter-finals this season. It reflects the economic situation too, as the top European clubs have very different options on the transfer market.

"The Italy squad is in great shape, but that is a different matter altogether. They are close to qualifying for the World Cup and have a good future ahead of them, but the clubs aren't doing as well as the Nazionale."