Brannagan has become a key member of the Liverpool Under 21 squad this season.
The midfielder has now been handed his first professional contract at Anfield.
Pelosi joined Liverpool in 2011 and has been hailed as a star of the future at Anfield.
The youngster is currently recovering from a broken leg.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.