( CNN ) -- Robert Plant has called reports of a Led Zeppelin tour `` rubbish , '' and now Richard Branson is doing the same . On his blog Wednesday , the Virgin Group founder said he 's `` dazed and confused '' by rumors that he offered an $ 800 million ( Â£500 million ) contract to see Led Zeppelin re-form for a reunion tour . `` As much as I love the band , there is absolutely no truth to the story , '' Branson said . And despite what you may have heard , Virgin Atlantic is n't going to rename a plane `` and include a stairway to heaven '' in Led Zeppelin 's honor , Branson added . `` However nice an idea , this is also completely untrue . '' The report that Branson was involved in a Led Zeppelin reunion appeared in The Daily Mirror this week and claimed that Branson was eager to cart the band around in one of his jets as part of a tour that would hit London , Berlin and New Jersey . It was said that Led Zeppelin 's Jimmy Page and John Paul Jones were all in for the deal along with Jason Bonham , the son of the band 's late drummer , John Bonham . The holdout , the Daily Mirror reported , was lead singer Robert Plant . `` Jimmy , John and Jason signed up immediately , '' a source told the paper . `` It was a no-brainer for them but Robert asked for 48 hours to think about it . When he said no and ripped up the paperwork he had been given , there was an enormous sense of shock . There is no way they can go ahead without him . '' `` Rubbish , '' was Plant 's publicist 's response to the story , which appears to have been removed from The Daily Mirror 's website . Branson is taking it a step further . Not only is it untrue , he says in his blog post , but it diminishes the band members ' current careers . `` Making up this story is very disrespectful to how wonderful ( Robert Plant 's ) solo career with the Sensational Space Shifters is going , '' Branson said . `` He is setting out on a sold out tour today and they released a brilliant album last year . ... Robert told me he is very proud of his history and the band 's past , and has always had great respect and love for his work throughout his career . However , he really believes he must move on with his life and career today . '' Legends like Led Zeppelin are once-in-a-lifetime creators , but that does n't mean they should be restricted to simply rehashing their old stuff ; Page and Jones also have their own projects in the works , Branson pointed out . `` I 'm proud of how so many artists from my generation , whether it is Led Zeppelin , Mike Oldfield or Peter Gabriel , are still being so creative and inventive , '' Branson said . `` As Robert told me : 'Look Richard , I just do things because I love them and I want to do more new things that I love . ' I could n't agree more . '' CNN 's Todd Leopold contributed to this report .
Richard Branson says reports of his financing a Led Zeppelin reunion are false . The Virgin Group was said to have signed an $ 800 million deal for a reunion . Branson says that covering up the story is disrespectful to the band members ' careers .