Totti is a Roma god after spending his entire career at the Serie A club.
Back in the early 2000s he was deemed one of the best strikers on the planet.
But the Italian has revealed he snubbed the chance to join Real – and the likelihood of winning many trophies – to stay at Roma.
“There was a very important offer from Madrid in 2004,” Totti told Sky Italia.
“But I decided to give up on lots of titles so that I’d always wear just one shirt.
“This was what mattered most to me.
“In the end, instead, I received love and passion, which for me were more important than winning cups elsewhere.
“I put Roma ahead of everything.”
Had Totti joined Real Madrid 14 years ago he would have been one of their ‘Galatico’ signings of the generation that included Zinedine Zidane, Luis Figo, David Beckham and Michael Owen.
And the former Italy international admits staying at Roma cost him contention for the Ballon d’Or.
“I still won the Scudetto, Italian Super Cup and Coppa Italia with Roma,” Totti said.
“But that didn’t put me in a position to challenge the other players [for the Ballon d’Or].”
Totti, now a director at Roma, was asked how much he would cost in today’s market if he was at the peak of his powers.
And the 41-year-old is clearly not short of confidence in his former self, replying: “I think €200million (£178m).”