The son of the late manager of the Sex Pistols has burned memorabilia worth millions.

John Lydon of the Sex Pistols

John Lydon of the Sex Pistols

Joe Corre, the son of Malcolm McLauren - who passed away in 2010 - and Vivienne Westwood, set fire to the extensive piles of punk memorabilia on a boat in central London to mark the 40th anniversary since the iconic band's hit single 'Anarchy in the UK'.

The total value of the merchandise is thought to be somewhere between £5 million and £10 million, and consisted of clothes, posters, and other music based memorabilia.

Joe - who co-founded lingerie retailer Agent Provocateur - decorated his boat with flags bearing the names of global corporations, as well as burning effigies of British politicians wearing Sex Pistols clothing stuffed with fireworks.

Addressing the crowd of around 100 people on the bank of the River Thames, 48-year-old Joe said: "Punk was never meant to be nostalgic.

"Punk has become another marketing tool to sell you something you don't need."

According to reports, Joe's collection began burning a few days ago, and he plans to continue destroying memorabilia for the next few weeks. He claims his collection even includes rare Sex Pistols recordings, which he also plans on destroying.

Sex Pistols guitarist Glen Matlock dubbed Joe as a "nincompoop" - a foolish or silly person.

He said: "I want to paraphrase Monty Python - he's not the saviour, he's a naughty boy. I think that Joe is not the anti-Christ, I think he's a nincompoop."


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