Obviously it's hard to replicate what Meazza brought to the 1934 team and even moreso to find a player that would resemble his role on the pitch, but also bring his goalscoring touch, versatility, dribbling and vision.
Anyhow Meazza's role in that 1934 team was more of an attacking(modern day #10 role ) withdrawn forward role. He had the vision to set up his team mates, but also was the one to score important goals (against Spain to put Italy through). He had a bit of a more free role(like Orsi and Schiavio) and was one of the most gifted players at the time.
I won't be able to replicate the player, but in terms of role - score important goals, link up, set up his team mates and of course bring that special sauce that Meazza had in him I think the closest we can go here is:
01) Tuppet
(Inter 1964, 1-3-4-2) - 1. Ronaldo 2. Pirlo 3. Puyol 4. Ricardo Carvalho 5. Di Maria
02) paulscholes18/Marty1968
(Germany 1972, 4-3-3)- 1. Nesta 2 Vidal 3 RVN 4 Hummels 5. Veron
03) crappycraperson
(Milan 1989, 4-4-2) - 1. Ronaldinho 2. Thiago Silva 3. Beckham 4. Crespo 5. Rooney
04) Downcast
(Juve 1983, Lop-sided 4-4-2) - 1. Kaká 2. Shevchenko 3. Zambrotta 4. Xavi Hernandez 5. Bonucci
05) harms
(Ajax 1995, 3-3-1-3) - 1. T. Müller 2. J. Martínez 3. Abidal 4. Touré 5. Essien
06) DavidG
(River 1941, 3-2-5) - 1. T. Henry 2. Bale 3. Ivan Cordoba. 4. Ibrahimovic 5. Chiellini
07) Šjor Bepo
(GER 1990, 3-5-2) - 1. Suarez 2. Ribery 3. Boateng 4. Marquez 5. Lucio
08) Gio
(Hungary 1953, 3-2-1-4) - 1. Totti 2. Raul 3. Robben 4. De Rossi 5. Verratti
09) Enigma_87
(ITA 1934, 2-3-2-3) - 1. Seedorf 2. Busquets 3. Eto'o 4. Samuel 5. Hazard 6. Robin van Persie
10) P-Nut0712/mazhar13
(BRA 1982, 4-2-2-2) - 1. Neymar 2. Pogba 3. van Bronckhorst 4. Marchisio 5. Maicon 6. De Bruyne
11) Raees/anant
(Austria 1934, 2-3-5)- 1. Schweinsteiger 2. Alaba 3. Griezmann 4.Alves 5. S. Ramos 6. Agüero
12) NoPace
(Arsenal 1931, 3-2-2-3) - 1. Godin 2. Mascherano 3. Fabregas 4. Alexis Sanchez 5. Lampard 6. Thiago Motta
13) Brwned
(ENG 1966, 4-1-3-2) - 1. Rio Ferdinand 2. Gerrard 3. Cole 4. Terry 5. Kane 6. Owen
14) Kazi
(BRA 1958, 4-2-4) - 1. Modrić 2. Vidic 3. David Villa 4. Carrick 5. Lewandowski 6. Joaquin
15) EAP
(Barca 1992, 3-4-3) - 1. P Vieira 2. X Alonso 3. Pedro 4. G Pique 5. A Martial 6. D Blind
16) MJJ/VivaJanuzaj
(Dynamo 1975, 4-1-3-2) - 1.Lahm 2. Iniesta 3. Reus 4. Koke 5. Cambiasso 6. Ballack
@Gio