Having previously completed a deal to bring Zlatan Ibrahimovic back to the club, Serie A giants AC Milan have since confirmed five more transfers, including two arrivals and three departures.
Click through the gallery above to see some images of Milan's business in the January window thus far!
On Monday, AC Milan completed the signing of former Chelsea goalkeeper Asmir Begovic on loan for the remainder of the season. The 32-year-old joins the Rossoneri from AFC Bournemouth, and will serve as cover for first-choice shot-stopper Gianluigi Donnarumma.
Begovic's arrival also opened the door for Milan's first January departure, with veteran goalkeeper Pepe Reina leaving on a separate loan deal to join Aston Villa. Reina, who formerly played for Liverpool, returns to the Premier League after Villa stopper Tom Heaton suffered a season-ending injury.
On Tuesday, the Rossoneri completed their second signing of the window when Denmark international Simon Kjaer joined on loan from Sevilla, having had his short-term deal with Atalanta terminated prematurely.
Italy internationals Mattia Caldara and Fabio Borini have also departed the club, with the former returning to Atalanta on loan and the latter moving to Hellas Verona on a free transfer.
Do you think Milan have done good business so far? Share your thoughts by commenting in the section below.