In the framework of an approach to bosonization based on the use of fermionic composites as fundamental variables, a quadratic action in even Grassmann variables with the quantum numbers of the pions has been constructed. It includes the σ-field in order to be invariant under [ SU(2)] L ⊗ [ SU(2)] R tranfformations over the quarks. This action exhibits the Goldstone phenomenon reducing its symmetry to the O(3) isospin invariance. The model has been investigated in the Stratonovitch-Hubbard representation, in which form it is reminiscent of the Gell-Mann-Lévy model. By the saddle point method a renormalizable expansion in inverse powers of the index of nilpotency of the mesonic fields (which is 24), is generated. The way it might be used in a new perturbative approach to QCD is outlined.