My Bloody Valentine May Reunite For Coachella 08'

We always love news from our favorite festival and this is good. Here's hoping that earthquake their overdue for doesn't hit before then.

Courtesy of NME

My Bloody Valentine are rumoured to be reuniting for the Caochella Valley Music & Arts Festival next year.

It is understood that the organisers of the festival have been pursuing the band to play the festival for several years.

As previously reported Shields told Magnet magazine that he is "100 per cent" sure that the band are going to record again.

The group have been inactive since 1995, although rumours are rife that the band are working on a new album and a box set featuring unreleased material, originally due to be released on Creation back in 2000, just before the label shut down.

Coachella booker Paul Tollett declined to comment on the reports.

However, the festival is known for luring dormant groups such as Rage Against The Machine and The Jesus And Mary Chain to the festival.

Shields' manager Vinita Joshi told Electric Roulette website that there were "no confirmed shows at all".

An official Myspace page for the band recently launched.