«What we want to do is try to giveaway a live album for free. We’re playing a lot of shows in the summer and I think what we would like to do is - bearing in mind the recession we are in - record the live album then give it as a gift», said Martin.

Coldplay's frontman added: «It would be such a cool thing to do. We just feel really grateful at the moment for all the support we get from our fans, and we want to repay them».

The band is also going to perform at London’s Wembley Stadium later this year together with Jay-Z and Girls Aloud.

Coldplay's recent album Viva La Vida Or Death And All His Friends was named 2008’s biggest selling record worldwide with 6.8 million copies sold.