|Date of birth||31 March 1991|
|Place of birth||Kosovska Mitrovica, SFR Yugoslavia|
|Height||1.94 m (6 ft 4 1⁄2 in)|
|Playing position||Centre back|
|2007–2008||Red Star Belgrade|
|2011–2012||→ Siena (loan)||0||(0)|
|2013||→ Vicenza (loan)||13||(0)|
|2015–2016||→ Ascoli (loan)||34||(1)|
|* Senior club appearances and goals counted for the domestic league only and correct as of 17 January 2017.
After youth football experiences in his homeland of Serbia, Milanović moved to Russia to join Lokomotiv Moscow in 2008. In 2009, he was voted by the fans as the best player of Lokomotiv youth team, and made his professional debut in 2010 with Russian Second Division feeder club FC Lokomotiv-2 Moscow.
In November 2010 Milanović signed a pre-contract to join Serie A club Palermo. His contract with Moscow would run out in March 2011 thus Milanović was free to negotiate contract with Palermo in November. In July 2011 he was officially included in the first team squad of Palermo, and was awarded the No. 15 jersey.
On 31 August 2011 he moved "on loan" to Siena. It is because Palermo did not wish to use its own non-EU registration quota and borrowed Siena's instead, likes Udinese registered Željko Brkić via Siena. In the document of Lega Serie A, Siena signed him from Moscow as free agent, and Siena paid Lokomotiv €270,000 as training compensation as required by FIFA regulation. (€90,000 times 3 seasons). His "loan" was cancelled on January 2012, and he returned to Palermo for free. Palermo also paid €1.5 million agent fee. Again, Lega Serie A documented Palermo signed Milanović from Siena outright, not a loan return, likes Brkić also "signed" outright by Udinese in January 2012, as well as Luis Muriel from Lecce to Udinese. Despite Siena released Milanović for free, Siena also signed Pablo Andrés González in temporary deal from Palermo as compensation on 31 August 2011 for €100,000. While Milanović did receive some first team call-up, but only able to play a few games for the reserve team.
Milanović made his Serie A debut on 24 March 2012, playing the full 90 minutes in a home league game against Udinese.
- As of 6 March 2013
- "Milan Milanovic" (in Italian). US Città di Palermo. Retrieved 11 August 2011.
- In Russian, the name is spelled Милан Миланович.
-  (in Russian)
- "Milanovic, è fatta E ora Maxi Lopez". La Gazzetta dello Sport (in Italian). 12 November 2010. Retrieved 14 March 2014.
- "Gonzalez e Milanovic sono del Siena" [Gonzalez and Milanovic to Siena]. AC Siena. 31 August 2011. Archived from the original on 2 June 2012. Retrieved 1 September 2011.
- AC Siena SpA Report and Accounts on 30 June 2011 (in Italian)
- AC Siena SpA Report and Accounts on 30 June 2012 (in Italian)
- US Città di Palermo SpA Report and Accounts on 30 June 2012 (in Italian)
- "MILANOVIC IN PRESTITO AL VICENZA" (in Italian). US Città di Palermo. Retrieved 16 January 2013.