Ranocchia was tipped to link up with former Inter companion Lucio at the heart of the Juventus defence.
“A lot has been written about me in the newspapers, but as I’ve already said in the past I have a contract with Inter until 2015 and I intend to respect it," said the Italy stopper.
“I am coming back from a difficult year, but at the same time one that was important for my growth as a player. Now I feel ready to face the new season.
“A bad year can happen and I’m happy to have come through it by learning from my mistakes. I am in one of the top clubs in Europe, so I could not ask for anything more.”