Noel Gallagher has regularly declared "The Masterplan" as one of the best songs he has ever written. However, he regrets the fact that it was first released as a B-side, admitting he was "young and stupid", when he made that decision. He also claims that Creation Records boss, Alan McGee, upon hearing the song, told Noel it was "too good" to be a B-side. Noel reportedly replied, "Well, I don't write shit songs!".