Wentz: 'I'm not dating Ashlee Simpson'

Pete Wentz has denied rumours that he is dating Ashlee Simpson.

The Fall Out Boy star has been spotted holding hands with the 'Pieces Of Me' singer on several occasions, but he insists that the pair are not romantically involved.

He told Rolling Stone: "Maybe in a different universe, we'd be some hot couple, but not in this one. I'm attracted to creative people and train wrecks, and there's no shortage of that in Los Angeles."