The experienced coach is pessimistic about Serie A teams' chances of winning silverware in Europe and is unsure Juventus will be able to hold on to their stars
The reigning Italian champions failed to get out of the group stage this season as Real Madrid and Galatasaray proved to be too strong, after last term's elimination to Bayern Munich in the quarter-finals.
And Lippi forecasts the disappointing trend for Italian clubs to continue for the foreseeable future.
"The current Juventus has a lot of quality, enough to win the Serie A title again," Lippi was quoted as saying by Tuttosport.
"But they are still missing something to be successful in Europe. Generally speaking, I think that it will be very difficult for any Italian team to win the Champions League in the next 10 years or so."
The current Guangzhou Evergrande coach then went on to discuss the potential departure of Arturo Vidal and Paul Pogba and reminded the Juventus faithful that the Bianconeri regularly cashed in on key players during his time at the club.
He added: "I don't know whether Juventus will sell Pogba or Vidal at the end of the season. All I know is that my Juventus sold one or two important players each year..."
Pogba has been heavily linked with a move to Paris Saint-Germain, while Vidal has caught the attention of a number of Premier League clubs.