Ramos, Madrid's longest-serving player, called a snap news conference to clarify his situation after president Florentino Perez said in a radio interview on Monday that Ramos had told him of an offer to move to China on a free transfer.
"There was an offer, but I wouldn't leave Madrid for a transfer fee or for free. I love this club and I want to retire here," Ramos said.
"I don't want to leave Real Madrid, I always said my dream was to retire here. A lot of stories have come out about me, so I wanted to clear up any doubts about my situation."
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(Reporting by Richard Martin; Editing by Hugh Lawson)
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