John Lydon has promised Public Image Ltd will "definitely" record new material - if they have enough money.

The group's frontman - who recently admitted the reformed punk band's forthcoming tour was funded by his appearances in Country Life butter commercials - admitted heading back into the studio without record company backing would be difficult.

He said: "Yes, if I raise the money from this, I most definitely will record new PiL material. But what you've got to understand with is that every single time we recorded we only had one take, no money."

Recalling the differences between them and their chart rivals in 1978, the former Sex Pistols star said he always favoured a rushed approach to making music.

He added to BBC 6 Music: "The Jam would pull out of Goldhawk Road after recording in Townhouse Studios. They're writing their new hit wonderful album because they have lots of record company backing.

"We knew they'd left so we'd run in, quickly record it, and that's our album 'Metal Box' for you. That's basically the John Lydon approach to music - Wham, bam, thank you ma'am."