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FILE - In this Feb. 19, 2014 file photo, AC Milan's coach Clarence Seedorf waits for the start of a round of 16th Champions League soccer match between AC Milan and Atletico Madrid at the San Siro stadium in Milan, Italy. AC Milan has dismissed manager Clarence Seedorf and replaced him with youth-team coach Filippo Inzaghi. In a brief statement on Monday, June 9, 2014, AC Milan says it has handed former club great Inzaghi a two-year contract until June 30, 2016. (AP Photo/Emilio Andreoli, file)

MILAN (AP) — AC Milan dismissed manager Clarence Seedorf on Monday and replaced him with another club great, Filippo Inzaghi.

In a brief statement, Milan said it has handed youth-team coach Inzaghi a two-year contract until June 30, 2016.

Seedorf, who was only four months into a 2 1/2 year contract, replaced the fired Massimiliano Allegri in January. The former Dutch star led Milan to an eighth-place finish in Serie A, with 11 wins in his 19 league matches in charge.

Despite an impressive first leg performance against Atletico Madrid in the Champions League last 16, Milan went out to the eventual runners-up 5-1 on aggregate.

The 40-year-old Inzaghi has long been touted as a future coach of Milan.

Like his former teammate Seedorf, Inzaghi has no previous first-team managerial experience. But the Italian has been coaching in the youth sectors at Milan since retiring in 2012 and has achieved impressive results.

Inzaghi had a glittering 11-year playing career at Milan, winning two Serie A titles — to add to the one he won at Juventus — and two Champions League trophies.

The former striker also won the World Cup with Italy in 2006.