Massimiliano Allegri has been hired as the new coach of AC Milan following the sacking of Sergio Conceicao, the Serie A club said on Friday.
"AC Milan is pleased to announce that Massimiliano Allegri has been appointed as the Head Coach of the men's first team," said Milan in a statement.
Milan did not reveal details of the deal but Italian media widely report that Allegri has signed a two-year contract worth five million euros a season, with the option to extend for a further two years.
Allegri has become the fourth coach in a year for Milan, who finished this past Serie A season in eighth place and outside the European places.
The 57-year-old led Milan to the 2011 Scudetto in his first stint in charge, between 2010 and 2014. He won five more league titles in two spells at Juventus.
Conceicao, a former Inter Milan and Lazio player, began at Milan by winning the Italian Super Cup after replacing sacked compatriot Paulo Fonseca, and then led Milan to the Italian cup final where they lost 1-0 to Bologna earlier this month.
Conceciao, 50, won 16 of 31 games in charge at Milan, including 11 victories, seven losses and three draws in the league.