Massimiliano Allegri will continue to coach AC Milan next season, club owner Silvio Berlusconi confirmed.
Former Italian Prime Minister Berlusconi made the official announcement after holding talks with club vice president Adriano Galliani and Allegri, on Sunday night.
"With Galliani and Allegri we had a frank and cordial discussion in which we revisited and analysed the past season, so there was a clarification on certain things," Berlusconi told Milan Channel.
"We reached an agreement on the rights and duties of the club towards the coach and the coach towards the club," he said.
"We also talked about the type of football that Milan must play and the squad for next season, setting out guidelines for the transfer window."
"The rapport with the coach, which has never been interrupted, continues with faith and in absolute reciprocal respect," he said.
Berlusconi's confirmation finally ended local media's speculations over Allegri's future. According to some rumours, the tactician had signed a contract with Roma.