Since the arrival of former Chelsea coach Jose Mourinho at the San Siro rumours have been rife that the Italian champions were set to make a bid for the Blues midfielder.

Earlier in the month Moratti insisted that the Portuguese boss was yet to decide who he wanted the club to sign, but on Monday the Nerazzurri president was clear in his intentions about England international Lampard.

"Lampard? We like him, and he's our number one objective," Moratti told Italian newspaper Corriere dello Sport.

"Mourinho likes Lampard a lot. We all know that he's a great player."

Moratti also hinted negotiations with the Stamford Bridge outfit may have already started, adding: "Has there been contact with Chelsea? I think there has but I don't know yet."

Moratti was less forthcoming about other names being linked to the club.

Barcelona's Deco, who was a key member of Mourinho's Porto side which won the Champions League in 2004, has also been touted with a move to Italy.

While Moratti admitted the Portugal playmaker was a player he liked, he suggested the competition would be fierce.

"Deco has the right characteristics to play for Inter, but we can't all have him," he said.

His tone turned more sarcastic still when asked about the possibility of bringing Portuguese wingers Ricardo Quaresma and Cristiano Ronaldo to Milan.

"Forty million euros to buy him (Quaresma)? That seems an absurd amount which we have no intention of paying," he continued.

"And Cristiano Ronaldo? Oh yeah, he's another one who won't cost us much!"