The future of Fagan’s was up in the air after landlords Tom and Barbara Boulding announced they were retiring last month, having run the pub since 1985.

They changed its name to Fagan’s in tribute to their predecessor, post-war publican Joe Fagan.

Their 37 years at the helm saw Fagan’s become a beating heart of the city’s music scene as well as Pulp guitarist Richard Hawley’s local, and Sheffield artist Pete McKee painted a famous mural on the side of the building.

The nine-strong group of new owners clubbed together to buy Fagan’s over fears it could become a chain pub or fall into disrepair.

They plan very few changes and are retaining the same line-up of regular musicians as well as a popular quiz – but they do plan to introduce card payments.

Arctic Monkeys drummer Matt Helders, the Rockingham Group’s James O’Hara and James Hill (who also own Gatsby. Picture House and Public), Mark Herbert and Niall Shamma from Warp, Ian Stanyer of Can Studios, joiner Ben Pickup, painter and decorator David House and financial analyst Tom O’Hara are the investors. All live and work in Sheffield.

However, they will be closing the kitchen, and will serve only bar snacks when the venue re-opens later this month with later opening hours.

The group have given an interview to Exposed magazine which can be read here.

Fagan's, Sheffield: Arctic Monkeys drummer Matt Helders and eight other music fans buy famous pub after landlords retire