In an interview with Rolling Stone, the guitarist said that there was a possibility that the group would play shows to celebrate their 50th anniversary, but he also warned that it would depend on the relationship with his brother Ray and ruled out the chance of them reuniting to record a new album.
Davies said he had met with Ray three times over the summer but said that although initial discussions were positive, they had become more difficult as they progressed. "The first two meeting were great," he said. "We talked about the old days and maybe doing something next year. I thought to myself, 'Oh shit, maybe we could do something before we fall down dead.' It was very positive."
He then added: "We had tea right before I came over to America, and he was so negative, grumpy and just mean. It was like he fell into a black hole. He didn't want me to come back to America. I think it's because I'm happy and I was doing something without his approval. I feel like he was miserable because I'm happy. He's a really troubled man."
Asked what the chances were of them playing together next year, he replied: "I'd say the odds of that happening are 50/50. The ball is very much in Ray's court. We used to play tennis, and when I was beating him he'd always develop a strategy.
"Basically, when I was winning he'd be like, 'Oh, I hurt my back!' I'd sort of back off, and then he'd get aggressive again. Then I'd get real angry. He'd smile, and it was really like the Emperor in Star Wars testing Luke's character. When he got Luke angry, the Emperor would be like 'Yes! I've got you!'"
On the subject of making an album together, meanwhile, he simply said: "I can't face the concept of days and days in the studio with Ray. I just can't do it."
Earlier this week, it was revealed that The Kinks will be reissuing their classic album 'Muswell Hillbillies'. The special edition version of the LP, which is set for release on October 7, will feature five previously unreleased songs as well as a smattering of alternate recordings and tracks taken from John Peel radio sessions on the BBC. Unreleased tracks include 'Lavender Lane', 'Mountain Woman', 'Kentucky Moon' and 'Queenie', in addition to a demo recording of the song 'Nobody's Fool'.
The track listing for the 2CD Deluxe Edition of 'Muswell Hillbillies' is as follows:
'20th Century Man'
'Acute Schizophrenia Paranoia Blues'
'Skin And Bone'
'Here Come The People In Gray'
'Have A Cuppa Tea'
'Lavender Lane' (Unreleased)
'Mountain Woman' (Unreleased)
'Have A Cuppa Tea' (Alternate version)
'Muswell Hillbilly' (1976 remix)
'Uncle Son' (Alternate version)
'Kentucky Moon' (Unreleased)
'Nobody's Fool' (Demo – unreleased)
'20th Century Man (Instrumental)
'20th Century Man (1976 remix)
'Acute Schizophrenia Paranoia Blues' (BBC Peel Session)
'Holiday' (BBC Peel Session)
'Skin And Bone' (BBC Peel Session)