Torino president Urbano Cairo admits he's seeking a buyer for the club.

"Let us clarify something right now - I have no intention of going bankrupt or taking Toro with me," said Cairo.

"I work so hard and dedicate over half my time to this club and want to do things properly, but we cannot compete with those who earn five times as much.

"I therefore focus on moves that are achievable, not impossible ones like £11m for a striker like Diego Milito who is almost 30 years old."

Torino officially sold Gianluca Comotto to Fiorentina yesterday and so far the only new arrivals are Elvis Abbruscato from Lecce and Messina's Moro.

"The club is absolutely not for sale and when someone did make an offer, I didn't even hold a meeting. It was not my intention to sell and I wouldn't do it today either.

"However, if I can only invest £22m and someone else has £80m, then I am willing to step aside for the love of this club. Having said that, I don't see a queue of worthy candidates lining up at my door."