Green Day finish work on album

Green Day are rumoured to have finished work on their eighth studio album

The band had been working on the follow-up to 2004's American Idiot with Nirvana producer Butch Vig in Hollywood.

Fansite Green Day Authority claims that the American punk trio no longer have reserved parking spaces at the Ocean Way Recording studio, indicating that they may have finished the LP.

"Back in November we learned that the band was recording at the same studio where they recorded American Idiot, Ocean Way Recording in Hollywood, California - the same place where they recorded previous albums as well," reads an online post.

"Someone decided to go check it out, and found the guys' parking spaces reserved, pretty much confirming the band was definitely there recording.

"A few days ago another visit to the studio showed the parking spaces were no longer reserved, leaving us to assume that recording is done; though, with no official word from the band, we can't really make any promises."

Meanwhile, the group are also among the acts rumoured to be on this year's Coachella bill. According to Billboard, they are likely to make their live comeback at the California festival.