According to bassist John Illsley, Knopfler is the stumbling block in plans for the group to reunite for a tour and new album, as he is concentrating on his own musical projects.
The group’s last studio album was 1991’s ‘On Every Street’.
Illsley – who releases solo album ‘Beautiful You’ on October 13 – told BBC News that he had attempted to instigate a reunion, only to be rebuffed by his former bandmate.
“I think we’ve definitely got one more tour left in us, and probably another record too,” Illsley said. “[But] he’s [Knopfler] doing different kinds of music now.
“He’s doing incredibly well as a solo artist, so hats off to him. He’s having a perfectly good time doing what he’s doing.”