The Rolling Stones have denied that they are following in the footsteps of Madonna and Jay-Z by signing with gargantuan promoters Live Nation.

The elderly rockers' contract with EMI ended earlier this year, and they have yet to sign with another label, prompting rumours of a multi-million pound deal with the concert promoter.

However, they've issued a statement saying ""We are not in talks with Live Nation in connection with any record deal".