Mel B and Mel C are apparently both up for releasing the album but Geri Halliwell, Emma Bunton and Victoria Beckham aren't too keen.
A source told The Mirror, 'From a possible 60 tracks, three or four would be guaranteed number ones and there's definitely a solid album's worth from the songs.
'Although such a release would generate millions, it's not about the money.
'Both Melanies want to open up the band to a new generation of fans and keep the memory of the Spice Girls alive. They also believe its sound commercial sense to keep options open for new work down the line.
'But Victoria has a hugely successful career as a designer and is pregnant. She'd rather distance herself from the group to concentrate on that. She's not keen to revisit the Spice Girls days.
'Also, if Simon Fuller doesn't feel the timing is right, Emma and Geri don't want to go against him. But it is safe to say this divide is causing friction within the group.'