Over the weekend, The Daily Mail claimed that the group were planning an album and tour, with the hope of finding a new member to replace Posh Spice.
It was even suggested that they were thinking of launching a talent show to find a replacement for VB, with Sugababes star Heidi Rangenamed as a possible stand-in for Victoria.
A source told the newspaper: "The girls are going it alone without Victoria. They are keen to get back together and were trying to work out if they could do it as a four-piece. I think they know this is the last chance for them to get the band going again.
"But the Spice Girls as a foursome is not going to get them another record deal or sell out big venues. They need an extra cherry on the cake. And the cherry on the cake would be if they replaced Victoria.
"And that leads to the next question: who do they replace her with? At the moment it's all being done in a very cloak-and-dagger way and not through official channels."
However, Mel C took to Twitter last night (16th December) to slam the rumours, stating: "It seems there has been some Spice related nonsense written today. None of the Spice Girls would ever or could ever be replaced #justsayin."
Emma Bunton added: "None of the Spice Girls would ever or could ever be replaced, nonsense in the papers!!!"