The Sahara star will portray the owner of the strip club where Tatum's character works in drama Magic Mike, based on the G.I. Joe actor's own brief stint as a tease dancer at 19.

Striptease star Demi Moore and British actor Alex Pettyfer are also on board the Steven Soderbergh film, according to Variety.

Magic Mike is set to begin production later this month (Aug11) and is due for release next year (12).