Sergio Ramos ends Chelsea's hopes of signing him

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Sergio Ramos has confirmed he intends to stay at Real Madrid despite reported interest from Chelsea and Paris Saint Germain.

Earlier this month legendary coach Arrigo Sacchi commented on rumours Ramos could be tempted to leave Real Madrid amid reports that contract talks between the player and Real Madrid had broken down.

Negotiations were thought to have stalled, leading to interest from Chelsea, PSG and AC Milan among others, with Sacchi suggesting Real Madrid had offered Ramos a pay cut.

But Ramos has now moved to play down the reports linking him with Chelsea, and in the process denied the claim by Sacchi that money is the main motivator when it comes to his next move.

"I respect Sacchi and have a special affection for him because he was a very important person involved in my signing," Ramos said as reported by the Daily Express.

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"Despite what has been said money has never been my main concern. My extension depends on my happiness here in Madrid and especially the will of the president.

"At the moment, this is the least of my problems and I let my agent take care of it. I still have two years left on my contract and I intend to stay at Real Madrid, a club that gave me everything in my career."

Ramos at the Club World Cup

Ramos received a yellow card in his 64 minutes of action against Cruz Azul at the Club World Cup on Tuesday, as Real Madrid ran out 4-0 victors against the Mexican side to progress to the final. They will play Argentine opponents San Lorenzo in the showpiece.

Somewhat surprisingly considering the result, Cristiano Ronaldo did not find the scoresheet as Gareth Bale, Isco, Karim Benzema and Ramos found the net in the comfortable win.

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