Roberto Mancini, Gianluca Vialli and Ronaldo have all been inducted into Italian football's Hall of Fame.
"Football has given me a lot of satisfaction and taught me everything in life," said the 39-year-old Brazilian.
"I don't know what I'd have done without it. I think and I hope that I entertained people. I've travelled a lot in my life, but Italy is where I feel most at home.
"What's so special about Italian football? It has the most important history in the world, as a kid I'd wake up at 9am in Brazil to watch the games.
"Italian football made me get the best out of myself. It was the most difficult but also most beautiful place I played. My history is beautiful because I can say I played in Italy."
During his time in Italy, Ronaldo won the 1998 UEFA Cup with Inter while scoring 65 goals in 110 appearances in all competitions for not Milan outfits.
Former Chelsea striker Vialli was inducted for his stunning career which was spent with Cremonese, Sampdoria and Juventus and yielded two Serie A titles, four Coppa Italias, the Champions League, the UEFA Cup and the UEFA Cup Winners' Cup.
Valli told Tuttomercatoweb: "I'm very touched, I thank the FIGC and the jury, within which there are many people who I grew up with.
"Finally, my teammates as without them it wouldn't have been possible to achieve the goals I reached. This award makes me proud of what I've done."
And Mancini, who led Manchester City to the 2012 Premier League and 2011 FA Cup, joined the growing list of Italian legends for his ongoing career as both a player and manager which has seen him be involved in 5 Serie A titles, 10 Coppa Italia titles, two UEFA Cup Winners' Cups and one UEFA Super Cup.