The Arctic Monkeys' Matt Helders To Buy A Pub To Ensure Bandmates Always Have Somewhere To Drink When They Are In Town

The Arctic Monkeys' drummer is buying a pub. Matt Helders is investing in The Bowery in Sheffield, North England, with former band member Andy Nicholson - who was the group's bassist until June 2006 - to ensure his bandmates always have somewhere to drink when they are in their hometown.

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A source said: "Matt and Andy have had their eye on setting up a pub for ages. When the property came on the market they had to have it."

"It's perfect, Matt puts in most of the money and Andy can DJ there and manage it when Matt is off touring. All the boys can relax their and bring their friends to jam."

Matt and Andy will officially open the pub on September 20, with the Arctic Monkeys rumored to be playing at the event.

The band - who are expected to start recording their third album later this year - recently revealed they will be traveling to America to record with Queens of the Stone Age frontman Josh Homme.

Josh said: "I think we're just going to start by doing a couple of tracks. No pressure. The goal is to make something that they dig so much that everyone else can too."