AC Milan's 2023-2024 season was defined by a second-place finish in Serie A, a challenging European campaign, and the end of the Stefano Pioli era. While the club successfully secured Champions League qualification, the year was characterized by significant squad turnover following the sale of Sandro Tonali and a struggle for silverware.
Looking back from the perspective of 2026, the 2023-24 campaign remains a pivotal moment in AC Milan’s modern history. It was the first full season under the complete strategic direction of RedBird Capital Partners following the departure of club legends Paolo Maldini and Frederic Massara. This transition brought about a "Moneyball-style" recruitment strategy that reshaped the squad’s identity. While the season provided moments of brilliance—most notably the emergence of Christian Pulisic as a talismanic figure—it also exposed tactical vulnerabilities that eventually led to a managerial change.
The Summer Revolution: Selling a Symbol to Rebuild
The season began with a shockwave that reverberated through the Milanese faithful: the sale of Sandro Tonali to Newcastle United for a record fee. For many fans, Tonali was the heartbeat of the team and a future captain. However, the management, led by CEO Giorgio Furlani and Head of Scouting Geoffrey Moncada, used the windfall to finance a comprehensive squad overhaul.
Instead of replacing Tonali with a single marquee signing, Milan opted for depth and profile-specific players. The recruitment focused on physicality, pace, and versatile attacking options.
Key Arrivals and the Impact of New Signings
The 2023 summer window saw the arrival of several players who would become immediate starters. Christian Pulisic joined from Chelsea and arguably became the signing of the season in Italy. His ability to provide goals and assists from the right wing balanced an attack that had previously been overly reliant on Rafael Leão on the left.
Ruben Loftus-Cheek and Tijjani Reijnders were brought in to reinvent the midfield. Loftus-Cheek provided a physical presence in the "number 10" or advanced mezzala role, while Reijnders offered press-resistance and ball progression. Other notable additions included Samuel Chukwueze, Noah Okafor, and Yunus Musah, all of whom added much-needed depth to a squad that had struggled with fatigue in the previous year.
Serie A Campaign: The Pursuit of the Second Star
The primary objective for the 2023-2024 Serie A season was to challenge for the Scudetto and secure the "Second Star"—the 20th league title. Milan started the season with explosive form, winning seven of their first eight matches. The new-look attack seemed unstoppable, and the team displayed a more aggressive, high-pressing style than in previous years.
The Derby Dilemma and Mid-Season Slump
The momentum shifted drastically on September 16, 2023, during the Derby della Madonnina. Milan suffered a demoralizing 5-1 defeat to Inter. This result exposed a recurring tactical flaw: Pioli’s high defensive line and man-marking system were frequently exploited by Inter’s disciplined counter-attacks.
Following the derby, Milan’s domestic form became inconsistent. A difficult period in October and November saw the team drop points against Juventus, Napoli, and Udinese. Injuries also began to plague the squad, particularly in the defensive department. At one point in December, Milan was forced to deploy Theo Hernandez as a makeshift center-back due to a lack of available senior defenders.
Securing Second Place
Despite falling out of the title race as Inter maintained a historic pace, Milan stabilized in the second half of the season. A strong run between January and March saw the Rossoneri solidify their hold on the top four. They eventually finished the season in second place with 75 points, securing 22 wins, 9 draws, and 7 losses. While finishing as runners-up is traditionally a success, the 19-point gap behind champions Inter highlighted the gulf between the two sides during that specific cycle.
European Continental Journey: From the Group of Death to Europa League Heartbreak
Milan’s return to the UEFA Champions League was met with the most difficult draw possible. Placed in Group F—widely labeled the "Group of Death"—alongside Paris Saint-Germain, Borussia Dortmund, and Newcastle United, every match was a high-stakes battle.
Champions League Struggles
The Rossoneri’s UCL campaign was a story of missed opportunities. They began with two 0-0 draws against Newcastle and Dortmund, matches where they dominated statistically but failed to find the net. A stunning 2-1 victory over PSG at the San Siro, featuring a vintage Rafael Leão overhead kick and an Olivier Giroud header, gave fans hope. However, a 3-1 home loss to Dortmund effectively sealed their fate. Despite a 2-1 win at St James' Park in the final matchday, Milan finished third in the group on goal difference, dropping down to the UEFA Europa League.
The Europa League Run
In the Europa League, Milan was initially considered one of the favorites. They comfortably dispatched Rennes in the knockout round play-offs and Slavia Prague in the Round of 16. However, the quarter-final clash against fellow Italian side AS Roma proved to be the undoing of their European ambitions. Tactical rigidity and a lack of clinical finishing led to a 3-0 aggregate defeat, marking a disappointing end to their continental aspirations for the year.
Tactical Analysis: The Pioli System and Defensive Fragility
Throughout the 2023-2024 season, Stefano Pioli transitioned between a 4-3-3 and a 4-2-3-1 formation. The offensive philosophy was centered on isolation play for Rafael Leão and Christian Pulisic, coupled with late runs into the box by Loftus-Cheek.
The High-Risk Defensive Line
The most debated aspect of Milan’s tactics was the extremely high defensive line. Pioli pushed his defenders toward the halfway line to maintain a compact press, but without a dedicated defensive midfielder (a "Regista" or "Mediocre") to shield the back four, the team was vulnerable to long balls and quick transitions.
Milan conceded 49 goals in 38 league matches—the highest among the top four teams. This defensive fragility was often attributed to the lack of a balanced midfield. While Reijnders and Loftus-Cheek were excellent in progression, neither possessed the defensive instincts required to break up play effectively.
Player Performance Highlights
- Christian Pulisic: Finished the season with 12 goals and 8 assists in Serie A, marking his most productive professional season to date.
- Rafael Leão: Despite criticisms of his body language, Leão remained the team's primary creator, contributing double-digit goals and assists across all competitions.
- Olivier Giroud: In his final season with the club, the veteran Frenchman scored 15 league goals, proving his enduring value before his move to MLS.
- Mike Maignan: While still elite, Maignan faced several injury spells and a slight dip in his superhuman standards from the Scudetto year.
2023-2024 Seasonal Statistics and Results
The following table summarizes AC Milan's performance across all major competitions during the 2023-2024 season.
| Competition | Final Position/Result | Matches Played | Wins | Draws | Losses | Top Scorer |
|---|---|---|---|---|---|---|
| Serie A | 2nd Place | 38 | 22 | 9 | 7 | Olivier Giroud (15) |
| Champions League | Group Stage (3rd) | 6 | 2 | 2 | 2 | Multiple (2) |
| Europa League | Quarter-finals | 6 | 4 | 0 | 2 | Ruben Loftus-Cheek (4) |
| Coppa Italia | Quarter-finals | 2 | 1 | 0 | 1 | Luka Jović (2) |
| Overall | N/A | 52 | 29 | 11 | 12 | Olivier Giroud (17) |
The End of the Pioli Era
As the season drew to a close, it became increasingly clear that a change in leadership was necessary. The inability to compete with Inter in head-to-head matches and the exit from the Europa League catalyzed the board's decision.
Stefano Pioli, who had led the club to its first Scudetto in over a decade in 2022, bid an emotional farewell to the San Siro after the final match against Salernitana. His tenure was defined by the restoration of Milan's status as a Champions League regular, but the 2024 season showed that his tactical cycle had reached its natural conclusion. The appointment of Zlatan Ibrahimović as a Senior Advisor to RedBird also signaled a shift toward a more demanding and structured sporting culture moving into the 2024-2025 cycle.
Frequently Asked Questions
Who was AC Milan's best player in the 2023-2024 season?
While Rafael Leão remained the most talented individual, many analysts and fans consider Christian Pulisic to be the player of the season. His consistency, fitness, and output of 15 goals and 11 assists in all competitions provided a new dimension to the Rossoneri attack that had been missing in previous years.
Why did AC Milan fail to win Serie A in 2024?
The primary reasons were defensive inconsistency and the record-breaking form of Inter Milan. AC Milan conceded 49 goals, which is significantly higher than the typical threshold for a title winner. Additionally, a mid-season injury crisis in the defensive department forced the team to use makeshift lineups, leading to dropped points against lower-table sides.
How did the Tonali sale affect the team?
Financially, the sale was a success, allowing the club to sign five or six regular contributors. However, tactically, the team missed Tonali’s grit and defensive coverage in the midfield. The new signings improved the team's technical ability and attacking depth but left the defense more exposed than in the 2021-22 or 2022-23 seasons.
What happened in the 2024 Coppa Italia?
Milan’s Coppa Italia journey was brief. After a convincing 4-1 win over Cagliari in the Round of 16, they faced Atalanta in the quarter-finals. Despite taking the lead through Rafael Leão, Milan conceded two goals to Teun Koopmeiners and were eliminated at the San Siro, missing out on one of their most realistic chances for silverware.
Where did Olivier Giroud go after the 2024 season?
Following the conclusion of the 2023-2024 season, Olivier Giroud departed AC Milan as a free agent. He joined Los Angeles FC (LAFC) in Major League Soccer. He left Milan as a highly respected figure, having scored 49 goals in 132 appearances and playing a vital role in the 2022 Scudetto win.
Practical Recommendation for Fans and Analysts
For those looking to analyze the long-term impact of the 2024 season, it is essential to focus on the underlying data of the new signings. The 2023-24 season was a "proof of concept" for the recruitment team. When reviewing the season, look specifically at how Tijjani Reijnders' ball progression and Christian Pulisic's off-the-ball movement changed Milan's offensive metrics compared to the more rigid 2022-23 season. This data provides the best context for understanding why the club chose to move in a more modern, high-intensity direction, even if the immediate trophy count did not reflect the tactical shift.