The band said they were "profoundly sad" over the news
The track only spent six weeks at the top spot following its repeated use at his rallies
Including songs by Josh Gad and Village People
The event is due to air tomorrow (Friday December 5)
The Sultan Of Slacker Rock and Moody Blues devotee
The President-elect was seen singing along and dancing to the track
He will be sworn in as President in Washington, DC on January 20
The band hope their performance "helps bring the country together after a tumultuous and divided campaign where our preferred candidate lost"
Victor Willis, lead singer of the Village People, also said the band would "participate in inaugural activities"
"There would be no ['Y.M.C.A.'] song without Jacques Morali," former member David Hodo wrote in a Facebook post
VP