Wigan Athletic old-boy's PSG and Real Madrid regret
The Honduran, who recently retired at the age of 35, only spent 12 months with Latics after being signed by Steve Bruce, before joining Tottenham in January 2009 for £14million.
After impressing for Spurs in the Premier League and Champions League, he was linked with - among others - Paris St Germain, only for the move to fail to materialise.
Palacios later played for Stoke, Miami and Olimpia - the club where it all started for him back in Honduras.
But he says he's been left with a feeling of what might have been.
“I feel like I missed something,” he told Diez.
“My dream was to play for a bigger team than Tottenham.
"I’m a Madrid fan, my dream was to play for Real Madrid, but I didn’t make it, but I’m satisfied with what I did.”
On the proposed move to PSG, Palacios added: “I was approached by Paris St Germain, who I knew directly were making the offer.
"But Tottenham were asking for £50million at the time.
“I had only cost them £14million, and they were asking for more than double, triple what they had invested in me."