The Monty Python star played beleaguered hotelier Basil Fawlty alongside Prunella Scales as his overbearing wife in the classic 1970s sitcom, which produced just 12 episodes but is frequently voted among the U.K.'s greatest ever comedies.

Cleese has now adapted the series into a theatre production which will premiere in Australia next year (16), although reports suggest the funnyman will not appear in the show.

"There have been many requests in the past 40 years to adapt Fawlty Towers for the stage," he tells "I now sense the time is right and I'd like my Aussie actor friends to be my collaborators on the world premiere of this epoch-shattering event, a watershed in the history of Australian theatrical culture. Or not."

The show will debut in Sydney in August (16) and will tour Australia and New Zealand.