My Chemical Romance are preparing to "branch off" to side projects.

The 'Sing' hitmakers are currently touring their fourth album 'Danger Days: The True Lives Of The Fabulous Killjoys' but guitarist Frank Iero - who also fronts Leathermouth - wouldn't be surprised if the other members go off into new musical ventures before they make another record.

He said: "I can see the other guys branching off and doing other things. Gerard [Way] has his writing, and he has plans for that, but he wants to direct too. And Ray [Toro] is such an incredible talent. I'd love to see him get the credit he's due. I can see us branching off, but always coming back to this."

However, Frank admitted My Chemical Romance are already making new music as they are feeling "very creative".

He added in an interview with Kerrang! magazine: "We're being very creative right now. There are some really bright and creative things going on. At every soundcheck, we're coming up with new pieces of music that could turn into something incredible. So we're hoping to get into the studio soon and really harness that."