Mikel Rico extends Athletic Bilbao contract

Athletic Bilbao have confirmed that Mikel Rico has agreed a new contract with the club.

The 30-year-old's previous deal had been due to expire at the end of next season.

However, it has now been revealed that the midfielder has committed himself to the San Mames until the summer of 2018.

It is also believed that the fresh terms include a buyout clause, which is thought to be worth £30m.

Rico joined Bilbao from Granada in 2013.