A deal to have the living members of the group go on a reunion tour was offered by Virgin Atlantic owner Richard Branson at $800 million. Founding members Jimmy Page and John Paul reportedly agreed right away while Plant asked for 48 hours to think about the offer before ultimately declining.
"They have tried to talk him round but there is no chance. His mind is made up and that's that," a source close to the band told the publication. Plant reportedly ripped the contract in front of promoters.
Branson wanted to have the band flying via his Starship jets and rename the aircraft "Stairway to Heaven" based on the rock group's legendary hit, according to Page Six.
The last ime the band went on stage together was on December 10, 2007 at London's O2 Arena.
Plant had previously dismissed the idea of doing a Led Zeppelin tour, telling Rolling Stone in an interview in May that he is not "going back to that shit."
"A tour would have been an absolute menagerie of vested interests and the very essence of everything that's shitty about big-time stadium rock. We were surrounded by a circus of people that would have had our souls on the fire. I'm not part of a jukebox!" Plant said at the time.
Speaking of his bandmates, Plant said: "Good luck to them. I hope they're having a real riveting and wonderful late middle age. Somehow I don't think they are."
A new record from the band also appears to be unlikely as Plant was hesitant to answer if there's a possibility of making new songs with his former mates. Fans will have to settle for the reissue of the band's 1971 album "Led Zeppelin IV" and 1973's "Houses of the Holy," which were released on October 28.
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