Silvio Berlusconi has completed a takeover of Serie C club Monza through his Fininvest company.
The former Italy prime minister sold AC Milan to Rossoneri Sport Investment Lux in a deal worth €740 million (A$1.19 billion) in April 2017.
But Berlusconi, 81, has a new project after being named Monza's owner and installing former Milan chief executive Adriano Galliani in a similar boardroom role.
"Fininvest has today finalised the purchase of 100 per cent of Societa Sportiva Monza 1912," confirmed a statement from Berlusconi's company.
Former Monza owner Nicola Colombia will stay at the club as president, while Milan used social media to send Berlusconi a good luck message.
"Milan wishes Monza, all its leadership, Silvio Berlusconi and Adriano Galliani good luck for the renewed sports project," the club tweeted.
Monza are top of Serie C having won all three of their opening fixtures without conceding a goal.