Former AC Milan chief Paolo Maldini has taken aim at the transfer policies of Chelsea and Manchester United.

Maldini oversaw Milan's 2022 Scudetto triumph before being sacked a year later by American owner Gerry Cardinale.

Asked about his approach to the market, Maldini told La Repubblica: "Often we rely only on talent, without knowing how to develop it.

"The most obvious examples are Chelsea and Manchester United: huge investments in the market and poor management lead to very poor results.

"Talent is not always recognized, when you bet on the potential of young guys, the risk of failure is very high."