Ilicic has recently been strongly linked with the likes of Chelsea, Tottenham, Arsenal and Juventus.
“I really don’t believe Ilicic will leave Palermo in January,” Ilicic’s agent Amir Ruznic said as reported in tuttomercatoweb.it.
“In recent days I spoke to the club (Palermo) and no one told me anything.
“In any case, it would not be easy to replace him midway through the season.
“However, perhaps in June it would be a different story.”
When asked about the interest in his client, Ruznic added: “I don’t know anything about it.
“Perhaps there have been contacts between the clubs but at the moment none of these clubs have spoken to me.
“Ilicic is a player of great value and has great technique and quality.
“I could see him doing well in a big club.”
Ilicic’s current contract with Palermo is set to expire in the summer of 2015.