The 2006–07 season has had its ups and downs for Milan. Having started the 2006–07 Serie A season with an eight-point penalty due to the Calciopoli scandal, a poor run of results during which Milan only registered one win in nine matches left them in a lowly 15th place on only 11 points. After two consecutive losses against Atalanta and Roma, Milan had a streak of seven-straight undefeated matches. Two wins against Catania and Udinese left Milan only six points behind fourth place and qualification for the 2007–08 UEFA Champions League. Milan eventually finished fourth in Serie A, behind Lazio. After displaying poor physical condition throughout most of the fall, the team took a January retreat in Malta to regain condition and try to achieve a fourth-place finish in Serie A and further progression in the Champions League.
Milan's performances in the Champions League were a different story. Drawn in a group described as easy by some pundits, with AEK Athens, Lille and Anderlecht, Milan won the group with 10 points despite losing the last two games. In the Champions League, Milan overcame Celtic in the round of 16, Bayern Munich in the quarter-finals and Manchester United in the semi-finals. They would go on to beat Liverpool in the final, avenging their defeat in the 2005 final. Kaká was in strong form for Milan in the Champions League, scoring 10 goals in 12 matches and winning that year's Champions League Golden Boot.
Squad
Note: Flags indicate national team as defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.