The 44-year-old rocker has been toying with the idea of writing a production, which would feature a mix of songs from the 'Some Might Say' hitmakers and his own band The Verve, reported Digital Spy.
"I would love to do a musical with them both. I'd like to do a musical of (Verve) songs combined (with Oasis songs) in a story of both our youths and the combination at the end and the fact that we have crossed paths, been mates (and) looked after each other," Aschcroft said.
"The pros are that Noel is an amazing songwriter. So if I get 50 per cent on the publishing (royalties) then it's obviously cha-ching for both of us. I'm an amazing lyricist and I've got incredible melodies so the combo is great.
"There's also a lot of pros working with Liam, but there's a lot of negatives working with either of them and not working with the other one. It's like being a brother in the middle," he said.
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