10.27 pm (CET + 1) - AC Milan have announced the appointment of Vincenzo Montella through their official website
6.00 pm (CET +1) - Vincenzo Montella will be the new manager of AC Milan. The meeting between the manager's agent and the rossoneri ended at 2.30pm (Ita time) and has been described as 'very positive'.
Montella will sign a two-year deal with salary set to € 2.3 million. An official statement by the club is expected within the next few hours.
Silvio Berlusconi would have preferred to confirm Cristian Brocchi, though the Italian tactician was not a good solution for the incoming Chinese ownership.