The former Stone Roses star has rebuffed several reports that his band will reunite in recent years.
Of the most recent rumours, Squire told ShortList: "Mani sat on them this time. It was his turn! They only started because we were all at his mum's funeral - that's what p*ssed him off, I'm sure.
"But I don't see these rumours as special or flattering. It's a symptom of the times. People who can afford to waste money on gigs now are of a certain age and The Stone Roses fit their brief."
Of recent reunions by the likes of Suede and Pulp, the ex-guitarist added: "I went to see what's left of Led Zeppelin recently and really enjoyed that. But I'm not as interested in Britpop.
"I'd suggest that those bands don't bother. When it's just a get-together for a big payday and everyone gets their old clothes out, that seems tragic to me."
Squire claimed that even a phonecall from Led Zeppelin would not convince him to return to music, but when asked if Beach Boys songwriter Brian Wilson could change his mind, he quipped: "Actually, I'd probably consider that one. Why, have you heard something?"
Squire this week unveils a visual arts exhibition titled Celebrity, featuring abstract portraits of Cheryl Cole, Lady GaGa, Rihanna, Lindsay Lohan and other famous figures.
Move through a gallery of images from John Squire's Celebrity show below: