Yes bassist Chris Squire insists he won't ''lose any sleep'' over his band missing out on a place in the Rock and Roll Hall of Fame.

The 66-year-old musician, who is touring with a new line-up, was nominated alongside his band mates this year but isn't bitter that they missed out on a spot.

He exclusively told BANG Showbiz: ''There were bands nominated who had been up before so I didn't really think we would get in there this year. We missed it by a few votes or something I was told but I'm sure it will come up again.

''I don't lose any sleep over it, if it happens, okay, good, that would be very nice.

''Most of the time they're not prog rock sort of people. In the past couple of years they've made an effort by putting Genesis in there and Canadian rock band Rush but generally they've always stayed away from prog rock people. I can't say whether that's fair or not but people have different tastes. Punk rates a lot higher than prog rock on the Rock and Roll Hall of Fame.''

Chris claims the logistics of figuring out which members of the band to include would be a ''pain'' due to so many line-up changes, but he would like the band to be included one day.

He also thinks he's one of the top three bass players in the world, having been inspired by the greats before him.

He explained: ''I would quite possibly rank myself in the top three bass players. There are a lot of good bass players, Paul McCartney, and of course John Entwistle was one of my favourites before he passed away.

''In the 70s, actually, I think I won all the bass player poll awards for about 10 years in a row or something.

''It's just trends and we just happened to be riding the crest of a wave back then and we ended up getting more votes.''

Yes will release their new studio album 'Heaven and Earth' on July 8.