Ruben Amorim holds a near-certain position in the Serie A market for AC Milan's next manager following reports of a verbal agreement on a two-year contract with an option for a third to replace Massimiliano Allegri. The Portuguese coach emerged as the clear frontrunner after Milan's hierarchy described the 2025-26 campaign an unequivocal failure, sacking Allegri along with key executives after a fifth-place finish that excluded the club from Champions League qualification. Traders have priced in Amorim's imminent arrival from his January exit at Manchester United, with formal signing expected this week ahead of pre-season. While the market reflects overwhelming consensus around the appointment, any last-minute collapse in negotiations before pen meets paper or an unforeseen shift in club leadership could reopen the field to alternatives.