The band's frontman criticised 1991's Leisure and 1995's The Great Escape, naming them as two of his biggest mistakes.
"I've made hundreds of mistakes," Albarn admitted. "I've made two bad records. The first record, which is awful, and The Great Escape, which was messy."
Damon claimed that the Kaiser Chiefs have made similar errors with their second album Yours Truly, Angry Mob.
"The Kaiser Chiefs' new record sounds a bit like The Great Escape in that it sounds a bit empty," he said. "Sometimes records are like that if you try too hard to repeat your success."