BREAKING NEWS: Manchester City target De Rossi confirms Roma stay

Daniele De Rossi has announced his desire to remain at Roma, in turn rejecting the advances of Premier League champions Manchester City.

The Italian had been strongly linked with a move to City but, as Goal.com exclusively revealed on Monday, he has decided to remain with the club he joined at the age of 17.

City had prepared an offer of £31 million pounds for the Italy international and were willing to offer a lucrative contract which would have seen him paid £7m a year.

However, though Roma were receptive to the possibility of allowing the 29-year-old to leave, the midfielder announced his decision to reject a move at a press conference on Tuesday.

He told reporters: "People have written all sorts of things, about me, about [City manager Roberto] Mancini. Some of it makes me laugh. Some of it makes me angry.

"I can tell you the truth. I came to do a classic press conference before the season. I wanted to make a clarification.

"What I can promise everyone is that the day I want to leave Roma - whether to win CL or make more money - I will say so in public.

"This is a normal press conference for me, not the announcement of the Third World War. For me it's important to say my piece. I am here at Roma, I'm happy + never asked to leave"

The news comes as a blow to Mancini, who lost out to Chelsea in the race to sign Eden Hazard and similarly failed to capture the signature of Robin van Persie prior to his move to Manchester United.

The club have made just one signing thus far this summer, bringing in young midfielder Jack Rodwell from Everton in a deal believed to be worth £15m.