The Real Madrid striker looks set to joing Inter rivals AC Milan today.
Moratti said: “This is a return, but to the wrong side of town – and it’s not a nice thing. A transfer of this kind can happen in today’s football, but I can’t say that I like it.
“I admit that I was hoping that the negotiation would fail. However, we are pretty uninterested in this issue, mainly because we don’t need Ronaldo and we can’t interfere in this matter.”