One of the pleasures of reading Bob Dylan’s ‘Chronicles’ is following his trains of thought wherever they go, however obtuse.

Possibly the most random is a mention of Mickey Rourke’s performance in the actor’s self-penned, almost totally forgotten 1988 film ‘Homeboy’, seen by Bob during the difficult Oh Mercy sessions:

‘He could break your heart with a look. The movie traveled to the moon every time he came onto the screen. Nobody could hold a candle to him. He was just there, didn’t have to say hello or goodbye.’

I’m a huge Mickey apologist, but I think Bob was way off the beam here. ‘Homeboy’ is irredeemable. It also signalled the beginning of Rourke’s 20-year slump.

Clearly a ‘vanity project’ for our star (he started writing it during the ‘Heaven’s Gate’ shoot in 1980), it’s the film where Mickey started to believe his own hype and play the sort of parts which echoed how badly he obviously felt about the movie business.

‘Homeboy’ is a weirdly masochistic (at times reminiscent of Brando’s similar explorations in that area), relentlessly downbeat, funereally-paced, vaguely camp melodrama.

The ‘plot’, such as it is, is almost identical to that of ‘The Wrestler’, the 2008 comeback that won Mickey his first Oscar.

He plays Johnny Walker, a punch-drunk, third-division-south pugilist reduced to hawking his wares around Asbury Park for a few bucks with his portly coach in tow.

Possibly Mickey’s character is supposed to have endured some kind of stroke, because he spends the whole film squeaking out of the side of his mouth, rendering his sparse dialogue almost inaudible.

Christopher Walken appears intermittently as the dodgy agent who wants Johnny’s assistance with a jewellery heist. Modelling a succession of deafening suits, he chews up the scenery a couple of times, dances a bit, sings a bit, clearly knowing this film is a heap of sh*t.

At times amusing but not enough to rescue the movie, it’s a dry run for his superior turns in ‘King Of New York’ and ‘Wild Side’.

Poor Debra Feuer – Mickey’s wife at the time – underwhelms in the almost non-existent role of Johnny’s love interest. Eric Clapton phones in an always-too-loud soundtrack, obviously tossed off during yet another Albert Hall run, adding a few tired licks but mainly employing bassist Nathan East to improvise some fairly half-baked solo cues.

Director Michael Seresin, previously the cinematographer on ‘Angel Heart’ (and recently one of the Harry Potter films), can’t seem to rustle up any convincing or memorable scenes. The final effect is sub-Golan-Globus.

Rourke has one great moment towards the end of the film though, possibly the one Dylan picked up on, where he peers up at his coach and tearfully asks (with shades of Brando again), ‘You think I coulda been good?’ But it’s too little too late. ‘Homeboy’ should probably have stayed in Development Hell.