Streep, Diaz and Jovovitch for 'The ExpendaBelles'?

Actresses are reportedly in talks for the all-female actioner.

Meryl Streep

While rumours about The Expendables 3 isn't due to hit cinemas until next year, it seems Avi Lerner is already making plans for the fourth film in the franchise.

According to Deadline, the producer is in talks with Meryl Streep, Cameron Diaz and Milla Jovovich to join Katee Sackhoff in The ExbendaBelles, an all-female action movie.

[Kelsey Grammar joins Expendables cast]

Internet speculation suggests Angelina Jolie, Zoe Saldana and Sigourney Weaver could also be involved - though there's no evidence to support claims they may have been approached about roles.

But before casting can begin, Lerner is on the hunt for a female director for the film, penned by Legally Blonde scribes Karen McCullah Lutz and Kirsten Smith.

[Arnie posts pic from Expendables set]

"The action movie will be spectacular — and in nothing inferior to the three male movies of the The Expendables," he said.

"There will be battles, special and visual effects and stunts — the spectacle will be equivalent to what Sylvester Stallone, Arnold Schwarzenegger, Jason Statham, Harrison Ford, Mel Gibson, Bruce Willis and Jean-Claude Van Damme have done.

"Two excellent screenwriters are already working on the picture. Now we are in search of a female director."

[Buy The Expendables on DVD]

Shooting for the film, thought to be set in Dubai, is expected to start next year ready for release in 2015.

See Jason Statham discuss his car accident on the set of The Expendables 3 in the video below.