Reports in Italy suggested the Roma captain had put pen to paper on a new five-year deal with the capital club at the weekend.

However, while the Giallorossi are keen for Totti to see out his career at the Stadio Olimpico, they insist nothing has been finalised yet.

"No, he hasn't signed," a spokeswoman told Press Association Sport. "Those reports aren't true at all.

"But we do expect him to very shortly. There are no problems.

"There should be news in the next few hours."

Totti, who made his debut in March 1993, has spent his whole career at the capital club and has often said that he hopes to see out his playing days there too.

The 32-year-old revealed to television channel Tg1 on Saturday that he is on the verge of signing a deal to take him to 2014 as a player with the option of a further five years as a director.

The former Italy international is Roma's record goalscorer, having netted over 200 times for the Giallorossi.

Totti was yesterday presented with an award by the mayor of Rome to mark him equalling legendary Juventus striker Giampiero Boniperti's record of 178 Serie A goals for one club.

The Roma forward, who also has the ninth best strike record of all time, insists it is his best trophy yet.

"It's a special day for me," he said. "I thank Rosella (Sensi, Roma president), who still believes in me and has renewed my contract.

"I have the possibility of beating a new record, in five years' time we'll see each other here again.

"I thank everyone, the city, the mayor, the fans and everyone who's here.

"It's the most important award I have ever received, I will always carry this date in my heart."

Totti confirmed he will sign his new deal very shortly and has set himself the target of winning another European golden boot award.

He won the award in 2007, beating Real Madrid's Ruud van Nistelrooy by one goal, and believes, if he can stay injury free, he can repeat that success.

"I just need a pen to sign it, it's imminent," continued Totti. "I'm only thinking of these five years as a footballer, then when I stop playing I'll see and think about what to do.

"One of my aims is to be the leading goalscorer. If I can play 38 games next season I could achieve this aim.

"I want to win it, why not?"