The Rolling Stones' Ronnie Wood has defended the ticket prices for the band's up-coming shows in London and New Jersey. These are the only four shows as-yet confirmed for the band, but ticket prices have been debated widely on fan forums.

Tickets for the London shows range from £90 to a deluxe “VIP package” priced at £950 (circa $1500).

But Wood says that the band don't feel bad about the price of a ticket for the shows at the O2 Arena (25 and 29 November) and Newark Prudential Center (13 and 15 December) as they have already spent millions on the gigs.

Speaking to The Telegraph, Wood said: "We've already spent a million on rehearsing in Paris. And the stage is going to be another few million. And the lights. We feel no bad thing about ticket prices. We've got to make something."

Wood added that the guitarist said the band were sounding "up to and above par" in rehearsals. "You would think it would be boring doing the same thing over and over again but it's not. It's totally fresh and totally new every time we get together. There's a chemistry between us every time we get together and I don't know what the hell it is, but it's magic.”

The Rolling Stones have now officially posted the second new track, “One More Shot,” from their Grrr! compilation album.