The 40-year-old. who has scored 250 goals in more than 600 appearances for the capital club, is to take on a new non-playing role.
Speaking as he was presented to the press, Monchi said: " In terms of Totti, I already knew that there was an agreement with the club that this would be his final year as a player, then he'd start as a director.
"Francesco is Roma, I want to be as close to him as possible. I'd love to learn even one per cent of the huge amount that he knows," Monchi added in quotes reported by several media.
Read the full article on eurosport.co.uk: Totti to retire from playing at the end of the season