Coldplay have headlined Glastonbury's Pyramid Stage three times in the past REUTERS/Mario Anzuoni

Rumours are rife that Coldplay will be splitting for good after their next album and they could be bowing out on the biggest festival stage of all. The British band are reportedly set to make Glastonbury history by headlining the festival for the fourth time in 2016.

Festival organiser Michael Eavis is said to have signed Coldplay members Chris Martin, Will Champion, Guy Berryman and Jonny Buckland, to close the week-long music event with a two-hour slot. A source told The Sun newspaper: "Michael likes getting things sorted as early as possible and having a solid, reliable Sunday headline act to send people home happy is a massive part of the booking process."

The insider added: "Coldplay are Glastonbury veterans and will have no problem filling a two-hour set that punters will love." According to the publication, the Yellow hitmakers have already begun putting plans together for their headline set.

Coldplay are already Glastonbury veterans having headlined three times in the past in 2002, 2005 and 2011, while they also had regular performances in 1999 and 2000. If they grace the Pyramid Stage again in 2016, it would make them the festival's most headlined act.

Watch part of Coldplay's Glastonbury performance from 2011:

Although the reports are unconfirmed, it is highly possible that Coldplay would agree to perform at Glastonbury as one of their last live appearances before parting ways. In December 2014, frontman Martin hinted that the band would be splitting after the release of their upcoming seventh album A Head Full Of Stars, which is expected to drop before the end of 2015.

In an interview with former BBC Radio One DJ Zane Lowe, Martin said: "It's our seventh [album], and the way we look at it, it's like the last Harry Potter book or something like that. Not to say that there might not be another thing one day, but this is the completion of something."

In September 2015, US band Foo Fighters were said to be favourite with bookmakers Ladbrokes to headline Glastonbury after they were forced to cancel their 2015 headline performance due to Dave Grohl breaking his leg. Adele came in second place with rumours that the Grammy-winning singer will cement her comeback with an appearance at the festival.

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