"Me quit! Why? In Europe they say I am doing a good job. Why there is a difference between what I hear in the street and what the media say? I think Ireland fans are behind me. Even on Friday, they stayed and supported the team. This is not a crisis. We were missing five players but I am sure we can change the situation. This result was a one-off."
NO crisis? You've got to be joking Giovanni. The cracks are growing by the day and when stories like the one involving Stephen Kelly and Marco Tardelli hit the news-stands, the gig is most definitely up.
The squad is in chaos and no amount of blather will hide that fact. Ireland has fallen out of love with our pet Italians and some would question whether Trapattoni ever enjoyed the affection of the nation.
His excuses are lame and his stature so diluted by the past six months that there is now no way back. All we can hope now is that his pride will take over and he will walk away in a dignified way.
But nobody believes that it will happen without some pain. The only answer Trapattoni gives now when he's asked whether he should step aside and let someone else take over as Ireland senior international manager is a single word. "Why?"
He thinks he's doing a great job and because he sets his own standards, he will never see a reason to quit. Strip away the nonsense, the obfuscation and the spin and it is clear that in Trapattoni's world view, Ireland are and will always be a lesser international team.
It follows on that Trapattoni believes that Ireland shouldn't concern themselves with the big world powers like Germany.
We're not in that league anyway so it hardly matters that it was humiliation once again on Friday evening at Lansdowne Road.
That's the truth of it. Trapattoni seems genuinely puzzled when people ask him whether he should resign. Either that or he is a good actor and we know that if he is nothing else, he is that.
So let's try and help him out. The list has been growing steadily in the past six months, but many of the weaknesses which characterise Trapattoni's time as Ireland manager were visible from day one. So when he asks why, here's 10 answers.
Bit of a no-brainer this one. The first hurdle any manager must overcome and on this alone, Trapattoni's position is fatally undermined.
Lose three games at the European Championship finals in such an abject way and the chances are that any international team manager will get the boot.
Lose them and then blame the players, while absolving yourself of all responsibility, and the manager deserves to go.
2. Refuses to go to games in England
Trapattoni would never have been allowed to get away with this one when he was manager of Italy, so why should he be able to get away with it as manager of Ireland?
It doesn't take a genius to work out that a manager can only really see the nuances of a player's character by seeing him in the flesh. This is fundamental stuff and should not be tolerated by the FAI.
3. Can't communicate
It doesn't matter that Trapattoni can't talk to the media in any coherent way. What's important is whether he can sell his message to the players.
Judging by what we saw in Euro 2012 and the first two games of this campaign, the players either have no idea what he wants from them or his system is shot and they don't believe in it anymore.
His English remains poor and confused, but he is a proud man and wants to speak in our language. It has caused him more problems than it should have.
4. Trapattoni sets the bar too low
Trapattoni arrived in Dublin and immediately told us all that we had no players and no hope of achieving anything without his system.
He continues to insult his players on a regular basis by comparing them unfavourably with the rest of Europe. He regularly uses the word inferior and he has not been challenged by anyone on this.
What other manager in world football would spend a lot of his time telling anyone who will listen that his team is inferior?
Of course, this is the device which Trapattoni has used to justify bad results and the same trick he spun on Friday night after a battering by the Germans.
Trapattoni began his career as Ireland boss by nailing Andy Reid to the wall and he's been wiping out international careers with casual disregard ever since.
The body count at this stage is close to double figures, but the real damage done has been inflicted on Ireland's best young players.
He tried his best to exclude James McCarthy from his squad and did much the same with Marc Wilson, James McClean, and Seamus Coleman. Darron Gibson is the current exile on Trap's street.
6. Badly briefed
Apparently, Trapattoni has a network of scouts across the UK but there is very little evidence of that. New players are more likely to be mentioned in the media than anywhere else, but as soon as that happens, Trapattoni's defences go up.
He makes all the decisions, including the final call on medical issues and must take the hit when things go wrong, but there's no evidence of that either.
Trapattoni seems to believe that DVDs solve all his problems and it is difficult to tell whether Marco Tardelli fills in any gaps after watching games in England because nobody really knows what he does on a Saturday and Sunday.
7. Too expensive
Trapattoni was a salary too far from the start and when Tardelli and Fausto Rossi's wedge was added in, the initial bill came to well over €2m, money which the FAI could not afford.
Now, Abbotstown is beholden to a third party and, presumably, can only make a decision on whether to sack Trapattoni or not depending on what Denis O'Brien has to say about it.
This is a ridiculous situation and one which would never have arisen if the FAI had its financial house in order.
8. Trapattoni blames his players
After Croatia and Spain in Euro 2012, Trapattoni heaped responsibility for two bad performances and bad defeats on his players. He did this again after the German humiliation by claiming they were inferior and that Austria and Sweden were our real targets in this campaign.
He has never once put his hands up and admitted he got anything wrong other than the odd garbled and very vague reference to "mistakes".
9. Trapattoni won't pick certain players
Ciaran Clark is currently in the Faroe Islands, but only because Trapattoni had an injury list as long as his arm. Otherwise, Clark would have stayed out in the cold.
Other victims of this policy are Wes Hoolahan most recently and McCarthy, Coleman and McClean in the past.
10. Trapattoni cannot or will not adapt
He has stuck stubbornly to his system in the face of disaster and refuses point blank to change anything. He speaks constantly of doing different things but it never materialises. To give it its proper word, that's spoofing.