Bookies slash odds on Oasis headlining Glastonbury 2014

A "flurry of bets" have been placed on Noel and Liam Gallagher reforming band ahead of next year's festival

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Bookmakers have slashed the odds on Oasis headlining the Saturday night of Glastonbury 2014.

The Gallagher-fronted band were previously 16/1 to headline the Pyramid Stage next year but those odds have dropped to 9/1 following a rush of bets over the past week. Paddy Power have also cut the odds on the band reforming from 12/1 to 5/1 and Oasis are now at 11/2 to release an album of new material by the end of 2015.

On NME Blogs - Should Oasis reform for Glastonbury 2014? NME writers battle it out

Alternatively, Noel Gallagher is 20/1 to headline the festival on his own in the slot previously claimed by the likes of Coldplay, Bruce Springsteen, Jay Z and, this year, The Rolling Stones. Paddy Power are not, however, currently offering odds on Beady Eye topping the bill in 2014.

Despite the reduced odds, Oasis still remain an outside bet to headline the Worthy Farm festival next year with Foo Fighters, David Bowie and Daft Punk still favourites with the bookies. Dave Grohl and co. are odds on at 4/1 while Bowie and Daft Punk are at 8/1.

A spokesperson for Paddy Power said: "We've seen a lot of money being placed on Noel and Liam burying the hatchet, reforming, and rocking Glastonbury – it's enough to make anyone think there could be an expensive divorce or paternity claim just around the corner."

Other bands and artists included in the latest odds include Kasabian, Elbow, Fleetwood Mac, Prince and Rihanna. Popstar Olly Murs is a long shot with odds of 100/1. See below for a full list of Glastonbury Saturday night 2014 headliner odds:

Foo Fighters - 4/1
David Bowie - 8/1
Daft Punk - 8/1
Kasabian - 8/1
Oasis - 9/1
Elbow - 9/1
Fleetwood Mac - 12/1
The Stone Roses - 12/1
The Killers - 12/1
Prince - 14/1
Rihanna - 20/1
Lily Allen - 20/1
Noel Gallagher - 20/1
Bob Dylan - 20/1
Depeche Mode - 20/1
Black Sabbath - 33/1
Olly Murs - 100/1

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