Speaking on an XFM documentary about Creation, set to air tonight (July 3) at 10pm (BST), McGee urged bands to go it alone.
“I’d recommend a band not to go to any record label, I think they’re all fucking rubbish,” he said. “You’re better off doing it yourself. They’re living in the past, it’s like owning a tram company or something.”
McGee famously signed Oasis in 1993 after witnessing a gig by the band in his native Glasgow.