“The Club would like to thank Sergio and his staff for their commitment, professionalism and dedication shown during their time leading the team over the past few months,” Milan said in a statement.

Conceicao was appointed in December as a replacement for Paulo Fonseca and got off to an impressive start as he led Milan to victory in the Italian Super Cup in his second match in charge.

However, results in the league did not improve under the Portuguese and they were also eliminated from the Champions League in a playoff loss to Dutch side Feyenoord in February.

Milan’s last hope of salvaging the season ended earlier in May with a bitter 1–0 loss to Bologna in the Coppa Italia final.

Conceicao was not on the touchline for the season’s final match against Monza at San Siro, having received a one-match ban after being sent off in the defeat by AS Roma last weekend — a result that ended Milan’s last hope of securing a European spot.