WRAPUP 1-Soccer-Euro-Cannavaro ruled out of finals with injury

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By Mark Meadows

VIENNA, June 2 (Reuters) - Italy captain Fabio Cannavaro has been ruled out of Euro 2008 after suffering ankle ligament damage on Monday, the Italian soccer federation said.

The 34-year-old defender collided with Giorgio Chiellini in Italy's first training session in Austria and his departure was confirmed after having tests in hospital.

Alessandro Gamberini has been called up as a replacement and will arrive at their base near Vienna on Tuesday.

"Fabio Cannavaro must say goodbye to the European championship," a statement on the Federation web site (www.figc.it) said.

Cannavaro, who lifted the World Cup two years ago, will hold a news conference on Tuesday alongside coach Roberto Donadoni, the statement added.

Capped 116 times, Cannavaro has been a key figure in Italy's defence and was voted FIFA's World Player of the Year in 2006.

However, he has become slower and more error-prone since moving to Real Madrid from Juventus following the World Cup triumph.