Irish heartthrobs Westlife have announced their plans to split next year, reports Digital Spy. The boyband will go their separate ways after 14 years together following a farewell tour in 2012. Since they formed in 1998, the group have scored 14 number one singles in the UK. They will release a new Greatest Hits collection on November 21. The band thanked their fans and said their brilliant career had been "a dream come true for all of us". In an official statement, the band said: "We today announce our plan to go our separate ways after a greatest hits collection this Christmas and a farewell tour next year. The decision is entirely amicable and after spending all of our adult life together so far, we want to have a well-earned break and look at new ventures." A source close to the band said: "This is it – the greatest hits album and the tour are their way of giving thanks to their loyal fanbase and saying cheerio. "There's no bad blood in the band, they're still great pals. But all good things come to an end and they are all keen to do their own thing. It's not something they have done lightly as they are still at the top of their game. "They could carry on making albums into their old age the way their career has gone, but none of them want to do that. "They're all loaded and don't need the money. It's quality time they're after and focus to do their own things."