In his time with Milan, Conceicao led the team to a Supercoppa de Italiana title and a Coppa Italia final appearance. However, the team finished the season in eighth place in Serie A, missing out on European competition.

The club is reportedly close to appointing Max Allegri as Conceicao's replacement. Allegri previously coached Milan and has a strong connection to the team.

AC Milan expressed gratitude to Conceicao and his staff for their hard work, professionalism, and dedication during their time with the team. The club wishes Conceicao well in his future endeavors and acknowledges his contribution to the team's 50th trophy win.