Old Henry director Potsy Ponciroli, 43, will write the script for the new Goonies sequel for the Warner Bros. Motion Picture Group, Deadline reports. The sequel does not have a director yet, and the plot is still unknown to the public.

Almost 40 years after the original was released in June 1985, Warner Bros. has hired Potsy Ponciroli to write the script for a sequel to The Goonies, with Steven Spielberg, Kristie Macosko Krieger, and Holly Bario producing for Amblin Entertainment,

EXCLUSIVE: Goonies never say die, and neither does the dream of a sequel, as momentum seems to be gaining on the long-rumored project, with Old Henry‘s Potsy Ponciroli coming aboard to pen the script for Warner Bros.

Nearly 40 years after The Goonies, a sequel to the 1985 film is in the works. Warner Bros. has tapped Potsy Ponciroli to write the forthcoming sequel. Steven Spielberg and Chris Columbus will return to produce the film with Kristie Macosko Krieger and Holly Bario for Amblin Entertainment.

There is a reason the Goonies never say die. After decades of rumors, it looks like The Gooniessequel may actually happen, as Warner Bros. has recruited Potsy Ponciroli to write the screenplay for the film.