Akinfenwa and Iriekpen have already been linked with other clubs

Both were unhappy with the one-year deals put on the table, but Swansea refused to negotiate with the pair.

Defender Iriekpen has already spoken to Scunthorpe over a proposed move, while striker Akinfenwa has attracted interest from a Championship club.

Garry Monk has told BBC Sport he will sign a new deal, while Kris O'Leary has been given another week to decide.

Monk and O'Leary are also out of contract at the Liberty Stadium and have been offered the same one-year deals that Akinfenwa and Iriekpen rejected.

O'Leary, the longest serving player in the current Swansea squad, has also received a three-year offer from League One side Cheltenham Town.

Bayo has played a key role in the club's success during his two-year stay Swansea City statement

A statement on the Swansea website said: "Talks are ongoing with Kris O'Leary and are expected to be concluded in the next seven days.

"The club were happy to agree to this extension with Kris as he is currently out of the country.

"We are in daily contact with Kris, and felt it right and proper that Kris be given the time to make this important decision.

"Kris has devoted his entire career to the Swans and with this also being his testimonial year it was felt in nobody's best interests to rush to a decision at this time."

Akinfenwa and Iriekpen, both 25, had already hinted they were moving on after expressing their disappointment by the length of the deals on offer.

Iriekpen branded his offer "an insult" while Akinfenwa said he felt "unappreciated".

Swansea had given them until 19 June to make up their minds. The offers have now been withdrawn and the players are free to move on.

"The club would like to place on record their sincere appreciation for the part played by Izzy in the club's revival from League Two strugglers to Championship contenders during his time at the club," said the club statement.