Pete Townshend says money keeps him working with Roger Daltrey

Pete Townshend has finally come clean on what keeps him touring as The Who -- money.

He tells the New York Post, "Often it is the desire to make money so I can pursue ambitious solo projects, or musical or theatrical experiments, or just so I can go sailing. Roger [Daltrey] needs to sing to keep his voice alive, but unlike me, he is also a much more normal performing artist in that he enjoys being on stage."

Townshend says the band's new album is finished and he has been "listening to masters." No word yet on the release date.

The Who resume their Moving On! orchestral tour Sunday at New York's Madison Square Garden.

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