Fabregas signs for Serie B side Como while also becoming a shareholder
Ex-Spain international Fabregas became a free agent after his release from Ligue 1 side AS Monaco in the close season. The midfielder made just six appearances for the club last season, and overall 69 in his four years at Monaco.
Como finished 13th in Serie B last season following their promotion from the third tier in 2020-21, but will hope that the signing of Fabregas can give them a lift up the table.
"He owns part of the club, he's a shareholder," club CEO Dennis Wise told reporters, without providing further details.
"That's what Cesc wants to get involved in. He'll be here a lot longer than expected really. It was important, he felt that way, to be part of it going forward long-term," added Wise, a former England and Chelsea midfielder.
"There's a lot more to be done at the football club regarding where we want to end up, in Serie A. He sees it as a good opportunity and I'm pleased he's on board."
Fabregas was part of Spain's World Cup-winning team in 2010 and won the Premier League twice with Chelsea. He became Arsenal's youngest ever captain at the age of 21, before moving back to his boyhood club Barcelona.