XL Records have announced that there will be no new Adele album until next year, despite months of rumour.
Adele, who on Wednesday attended the FKA Twigs gig at London's Hackney Empire, was widely rumoured to be releasing the follow-up to her second album 21 before the end of the year.
However, according to the New York Times, a statement was released recently announcing "There will not be a further new release by Adele during 2014 and consequently there will be a fall in XL's turnover and profits."
There has been a huge amount of speculation about a new Adele record, ever since the singer tweeted "Bye bye 25…See you again later in the year".
Bye bye 25... See you again later in the year x pic.twitter.com/HEmY14El5s
It was recently reported that Adele is currently earning £80,000 a day despite not releasing an album since 2011. Over the course of the 22 months up until December 2013 it bagged her a total of £54million through her companies Melted Stone and Melted Stone Publishing, reports Heat.
Melted Stone netted a total of £30 million in the 14 months until April 2013 and another £8 million throughout the rest of the year. Adele paid herself a dividend of £5.2 million in the latter half of 2013, with a salary of £5.6 million in the first half, along with £2.86 million in the latest accounting period.
The company took a total of £14.4 million, with the new companies netting a total profit of £13.1 million. In contrast her label XL made £9,341,000 profit on almost £38 million in revenue in 2013.
Adele's previous album 21 sold over 10 million copies and spent 24 weeks at top of the billboard 200. Her last single was 'Skyfall' the theme to the last James Bond.