SPANDAU BALLET are planning to reform with a comeback album and multi-million pound world tour.
Thirty years after they first burst onto the pop scene, The 80s pop band have put their differences aside to reunite.
The reunion is the brainchild of manager Steve Dagger, who this weekend confirmed: "It's true. We're not making announcements yet, but yes, basically the boys are back in town.
"Not just a nostalgic re-run of the old, but a fresh slant on what Spandau Ballet are all about."
The group, which split ten years ago after an acrimonious court case over royalties, are hoping to follow in the footsteps of other 80s artists and musicians who are currently enjoying a successful revival.
The reunion is set to take place next month on HMS Belfast where the five-piece launched their career in 1979.
A reunion was previously rumoured inn 2007 when singer Tony Hadley signalled he was ready to bury the hatchet, following a bitter break-up.
Hadley and his bandmates - Steve Norman, Keeble and brothers Martin and Gary Kemp - spectacularly fell out following the disagreement over royalties worth over £1million.
Hadley, Norman and Keeble took Gary Kemp to court claiming the songwriter owed them royalties but they lost the case and vowed never to speak to each other again.
Martin Kemp, 47, who became a big soap star when he joined the cast of Eastenders playing bad boy Steve Owen, was the only member to abstain from the arguments
Gary Kemp reportedly approached Hadley about a reunion for Live 8 in 2005 but was turned down.
So the planned reunion has taken industry insiders by surprise.
The former boss of thee band's previous label, Chrysalis Records, said: 'Every band on the way down is a band on the way up. But I never thought I'd see this one.
'Once, they couldn't stand to be in the same room together, let alone play.
'But now they are older, fatter, poorer, there's every reason to see if the magic still works."
The band had their first hit with To Cut A Long Story Short in November 1980 and a string of top ten hits followed, including True, Gold and Through The Barricades.
They had their last top 40 single in 1987 with How Many Lies.