He opened up about his friendship with the Irish singer in a new Rolling Stone interview and disclosed how he has dubbed him, Father Bono.
The Oasis legend, who has just released his latest album, said he loves socialising with the U2 frontman.
He said: “Of all the people I know, he’s the most fun to hang out with, for sure. He’s a funny fucker, and he can drink.”
He also revealed he is in competition with the U2 frontman and Chris Martin to pen the ultimate song.
“I still think tomorrow might be the day that I write the greatest song of all time. It’s like going fishing.
“The guitar is your fishing rod, and if I’m not fishing for that song, Bono will get it, and if he’s not, Chris Martin will.
“And fuck those two guys, because they’ve got enough. We’re all fishing in the same river, and its cut throat”, he told the music bible.
He is amazed at the interest the U2 frontman takes in the making of his albums for his new band, the High Flying Birds.
“He’s got big ideas — for his band and for my music as well, which is astonishing. He’s always giving me titles for songs and albums. I call him Father Bono.”
The outspoken British singer said he liked U2’s new album but named Joshua Tree as one of his favourite albums of all time.
“I like (Songs of Innocence).
“Some of the greatest moments of my musical life have involved U2. Anybody who doesn’t like The Joshua Tree is a c****ucker, for a start.
“And anybody who went to see the Zoo TV tour and didn’t think it was the greatest of all time at that time is also an idiot.”
He doesn’t have the same praise for Ed Sheeran who walked off with the gong for album of the year at the Brit awards.
But he explained a recent comment, stating he didn’t want to live in a world where Ed Sheeran was headlining Wembley Stadium, had been said in good humour.
“He’s all right, Ed. He took it with good humour which is how it was meant.
“I was bemoaning the fact the biggest rock bands in England can’t even sell out Wembley, and yet pop music can. Modern pop music is bland nonsense. There isn’t even a word yet that’s capable of describing it. If it was a colour, it would be beige.”
He also likes superstar band One Direction but he doesn’t understand why they collaborate with songwriters for the hits on their albums.
“I know Harry Styles. We’ve hung out a couple of times. They’re lovely lads.
“But I’ve got to say, I have difficulties with people who don’t write their own songs, who’ve got a team of songwriters who work for your record label.”