Record label EMI have rubbished reports which claimed Coldplay were keen to complete their contract with the major label.

A report in this morning's Sun newspaper claimed the band could release a new album within the next year, which would be followed by a greatest hits record.

But a spokesman for EMI has denied the “inaccurate” claims, telling Gigwise: “Coldplay are signed to a long term record deal with EMI and are committed to produce a number of albums.”

And, contrary to the claims in the newspaper, which suggest Coldplay may want to head out on their own, the spokesperson added: “The band's relationship with EMI is both long-term and positive.”

Coldplay's relationship with EMI has been under the spotlight since the record label's 2007 takeover by private equity company Terra Firma.

The band are currently touring their recent number one release, 'Viva La Vida or Death and All His Friends'.

(by Jason Gregory)