The 29-year-old World Cup winner has been linked with a move to Manchester United for most of the summer but has now committed to Madrid by penning a contract until 2020.
Ramos has also been made the club captain following Iker Casillas’ departure, and announcing his new deal alongside Real president Florentino Perez, the three-time Primera Division winner said he was never looking to leave the Bernabeu.
“I know this renewal has taken a while but my heart and head have always been with Real Madrid so I couldn’t be happier,” he said.
“I’ve never spoken about my renewal. With a contract that had two years to go, whatever the press want to say I respect but the reality is a bit different.
“My idea was to always be here and I always wanted to retire here if the president would allow it, and I’m thankful I have a new challenge to be the captain of this team. The priority is always Real Madrid, keeping our fans happy and winning titles.
“I’m being honest I never said I wanted to leave, I was quiet. I never said anything out of respect for my team-mates and the president, I never rang the office to ask for more money. I’m just very happy that I have renewed and I want to stay here for the rest of my career.
“At the end of the day I have been here almost my whole life. My first year was in Sevilla and the rest of my life has been here, that is sufficient motive to want to stay. There is nothing like this institution. My own happiness is the priority, in the end that was fundamental.”
United were reportedly ready to offer Ramos a pay rise in a bid to lure him to Old Trafford after he was identified as one of Louis van Gaal’s main transfer targets.
But, having been a Real Madrid player for a decade, the former Sevilla youngster said money is not his main concern.
“Honestly, if it was an economic decision I wouldn’t have stayed,” he said.
“It wasn’t a question of money. There were personal and professional things that I needed to organise and that is all sorted.
“It is reality that I wasn’t happy in certain ways. I never said I wanted to leave but I spoke to the people I needed to speak to and couldn’t continue how I was. Those personal things were nothing to do with money.
“The economic situation, the president and I solved that in five minutes. There were other things to talk about — past, present and future. Now everything is cleared up I’m excited to get everyone together and try and win. Everything is cleared up now, I’m very happy to be here.”
Madrid start Primera Division life under new coach Rafael Benitez with a trip to Sporting Gijon on Sunday, and Ramos is counting on the continued support of the club’s fans.
“I think they will always receive me with the same affection they always have,” he said, when asked what sort of reaction he expected from supporters.
“As long as the fans love me that is one of the important things that helped me to stay. The fans will always ask a lot of you but the footballers of Real Madrid know we have pressure and responsibility, and I hope I will have the same affection I have always had.”
Meanwhile Kevin De Bryune last night appeared to end talk of a move to the Premier League after saying he will spend the season with Wolfsburg.
Manchester City have been the reported frontrunners to sign the 24-year-old Belgian midfielder, formerly of Chelsea.
Ten goals and 21 assists in 2014/15 saw De Bruyne crowned as the Bundesliga’s best player and talk of a move to the Etihad duly started. But speaking at an award ceremony hosted by Bild Newspaper last night, De Bruyne said: “I stay this season with Wolfsburg.”