Tbf OP sort of has a point, while a pretty obvious point that our midfield is terrible, however her suggestions to who should replace those players aren't the best.
Carrick playing there will just slow down the tempo, he's an English John Obi Mikel with less strength. We'll keep possession but will be fruitless with it, Italy will press us and dominate, like teams do to United.
Stopping pirlo can be done by telling Rooney/Lallana to stay in the hole and do a job on him, Gerrard Henderson isn't the best double pivot but who else have we got? It's not like the team are suited to possession football anyway If England had a tough tackling DM we could push Henderson further up to do a job on pirlo. Prandelli likes tactical variation so you never know what formation he'll use, you'd expect him to go 3-5-2 or 4-4-2 diamond though.
There's a lot of formations I'd be inclined to use, I may go 4-5-1, get Rooney to start and to drop a little deeper and help take out pirlo. Welbeck and Sterling on the wings to stop the runs of the fullbacks, since their fullbacks are fast it would be best to pin them back a bit and get a willing runner to test them. Or I'd go 4-2-3-1, Lallana and Sturridge with Sterling and Welbeck on the wings. It looks daunting eitherway and will be a park the bus job.