Label has finished Guns N' Roses album?

Rex Features

Geffen Records has reportedly been handed a finished Guns N' Roses album by Axl Rose.

The record, which has the working title Chinese Democracy, has been repeatedly delayed during the past 14 years.

Guns N' Roses' last studio album was 1993's The Spaghetti Incident. Soft drinks firm Dr Pepper recently said that if Rose released a record in 2008 they would give every American a free beverage.

According to TheRockRadio, Geffen is currently sorting out financial and legal issues with the frontman.

It is rumoured that Chinese Democracy may have cost over £6.5 million to produce.