Melbourne Victory Football Club is excited to announce goalkeeper Lawrence Thomas and midfielder Jesse Makarounas have both re-signed with the club.

Thomas, 23, has extended his contract for a further two seasons while 21-year-old Makarounas has signed a one-year extension.

Melbourne Victory head coach Kevin Muscat said the club is thrilled to have secured the signatures of Thomas and Makarounas.

"It is a very pleasing outcome to have two young, talented players such as Lawrence and Jesse re-sign and commit to Melbourne Victory’s future," Muscat said.

"Both players have made valuable contributions to the team when they've been given their opportunities and they are both important players to our football club moving forward."

Both players are delighted to have agreed to extend their contracts with the club.

Thomas played seven games for Melbourne Victory in the Hyundai A-League 2014/15 season as the club secured its record third Premiership-Championship double.

"Playing for Melbourne Victory is a great honour and to be continuing at the club for another two seasons is very exciting," Thomas said.

"Being a part of the success last season was an incredible feeling and the future at this club is very bright."

Makarounas has made 21 Hyundai A-League appearances for the club, including nine in the 2014/15 season.

"The opportunity to continue my career at Melbourne Victory was really important to me and I'm thrilled to be staying," Makarounas said.

"The club has been fantastic to me since I arrived and I've enjoyed every minute of my time here so far and I'm looking forward to another successful campaign."