Lily Allen has told fans that the Olympics in Beijing are more entertaining than her new album, 'Stuck on the Naughty Step'.

In a post on her Myspace blog, Allen confirmed that the album was finished but said she wasn't sure when her record company, EMI, planned on releasing it.

She blamed the instability caused after the label's recent acquisition by private equity company Terra Firma for the delay.

“I don't really know what's going on with it. The record industry is a very political place at the moment and I am on EMI records, lots of people have been fired or have taken redundancy recently,” she wrote.

“Many of these people were people assigned to my projects and now I don't quite know what's going on . I'm sure everyone will find their feet soon enough and I'll be able to put the album out soon.”

Allen told her fans to watch the Olympics and the new football season while they wait for the album because they “are both far more entertaining anyway.”

(by Jason Gregory)