Italian giants have won just five of their opening 19 league fixtures this season.
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Clarence Seedorf is set to become the new head coach of Serie A giants AC Milan following the sacking of Massimiliano Allegri by the Rossoneri on Monday, according to reports on BBC Sport Online.
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The former Netherlands international has just announced his retirement as a player following a glittering career in which the 37-year-old has played for the likes of Ajax, Sampdoria, Inter Milan, AC Milan and Botafogo.
Seedorf played for Milan for 10 glorious years between 2002 and 2012, during which time the club won two Serie A titles and two Uefa Champions League crowns as well in 2003 and 2007.
“I am retiring from football after 22 years,” said Seedorf. “My aim is to dream again.”
“This experience at Botafogo has helped me grow a lot and will no doubt help me in my next step as coach of AC Milan.
“I wish Botafogo and my team-mates the best.”
Meanwhile, Allegri was given his marching orders by Milan on Monday after the club had suffered another shock league defeat, this time to 4-3 to new boys Sassuolo, a loss that leaves the club languishing down in an unfamiliar position of 11th in the Italian top flight, a whopping 30 points behind current leaders and champions Juventus.