The Stone Roses sign two record deals ahead of reunion shows

Manchester band said to be recording new songs during rehearsals

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The Stone Roses have signed two record deals ahead of their reunion shows next year.

Universal Records have signed the band in the UK and worldwide, while Columbia, owned by Sony, have contracted the band in the US.

The Roses, who announced they plan to make new music at their reunion press conference in October, confirmed they had signed two agreements on their Facebook page today (December 10).

The four-piece will make millions from the deals, on top of the huge amounts generated by their live shows next summer.

Ian Brown, John Squire, Mani and Reni are playing three nights at Manchester's Heaton Park in June, with further shows planned at festivals including V, T In The Park and Spain's Benicassim.

Their second, and final, album, 'Second Coming', was released on December 5, 1994. The band are said to have been recording new songs during rehearsals for live shows.

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Video: The Stone Roses - Reunion Press Conference

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