The Rossoneri's poor form has seen them slide into the bottom half of Serie A, with Sunday's 4-3 defeat at lowly Sassuolo resulting in the sacking of Massimiliano Allegri.
However, the announcement of Seedorf as the new boss at Milanello has been welcomed by the club's star striker.
"It was disappointing to see Allegri leave, but Seedorf has come in and it is very exciting to work with somebody like him," Balotelli told reporters at a Puma boot launch in Barcelona.
"Seedorf's record with Milan can be transmitted to the players. It is a good thing that he brings that experience with him."
While Seedorf and Milan face their own tough prospect in the Champions League next month against Atletico Madrid, Balotelli was also asked to give his verdict on his former club Manchester City, who will take on Barcelona in the last 16.
"City can definitely beat Barcelona, and I really hope they do," he admitted. "I have a lot of good friends there, so I will be cheering for Manchester City. But it will be a very difficult game."
His former City manager Roberto Mancini is another feature of the knockout stages after a dramatic late win over Juventus saw his Galatasaray side progress at the Old Lady's expense, and Balotelli admitted that his loyalties were split when watching the win-or-bust clash in Turkey.
"I was just hoping for a spectacular game really. I wanted Juventus to do well because I am Italian, but I had a very good experience with Mancini at City, so I want him to do well also."
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