The Italy international is a long-term target for Citizens boss Roberto Mancini, with the Premier League champions eager to add the midfielder to their squad this summer.
However, despite rumours of a big-money move by City, De Rossi has committed to the Serie A outfit.
“I’m staying for this team, for the affection of the fans, because I am a Roman and because I believe in this project,” he told Italian reporters, translated to English by The Guardian.
“I’m happy here. I feel good here. I haven’t asked anyone to leave. What I promise is that the day I want to leave Roma to win the Champions League or to earn more money, I’ll say so publicly.”
The news will be another blow to City in their blunt transfer period this summer.
By Gareth McKnight