Josip Ilicic and Armin Bacinovic have penned new deals with Palermo.

The Slovenian midfield pair were the subject of intense transfer speculation for much of the season.

Ilicic cost the Rosanero around €2.2m, while Bacinovic was netted by President Maurizio Zamparini for just €800,000.

Both players are now tied to the Sicilian club until June 30, 2016. It's understood that the pair have also seen their salaries improved.