The Hollywood classic The Goonies has reportedly been given the green light for a sequel 40 years after the original — with its original star-studded cast set to return. The 1985 beloved adventure-comedy film was directed by Richard Donner and produced by Steven Spielberg. And now the cast is set to make an iconic return as production for the sequel could reportedly start next summer, according to The Sun. The second film, which has now been given the 'green light' for production, could hit cinemas as soon as 2026.

A source said: 'The Goonies reboot has been talked about for a long time but it's finally been given the green light to go ahead. The plan is to start developing the ideas for the follow up next summer, with a possible release date of 2026 or 2027. The original is so culturally significant, Warner Bros' know they have to get it totally right.'

Production teams acknowledge the possibilities of where to take the sequel are 'endless' and the team are already excited to get started as they was to 'bring the magic of the film to a whole new audience'.

The film, written by Chris Columbus, has become a classic hallmark of '80s cinema, known for its mix of action, humor, and heart. The film follows a group of kids from the 'Goon Docks' neighborhood in Astoria, Oregon, who discover an old treasure map in the attic of one of their homes. This map leads them on a thrilling quest to find the long-lost treasure of One-Eyed Willy, a legendary 17th-century pirate. Along the way, they must outsmart a family of criminals, the Fratellis, who are also after the treasure.

The Goonies Cast Reunion

Not only will the sequels be an iconic throwback for decades of fans, but it was also be a huge throwback for the cast as many of the original members are said to star.

The Goonies Cast Members:

• Mikey Walsh - played by Sean Astin - was the optimistic leader of the Goonies and was determined to save his home from foreclosure by finding the treasure.
• Brand Walsh - played by Josh Brolin- was Mikey's older brother, who was reluctantly dragged into the adventure.
• Chunk - depicted by Jeff Cohen - was the group's clumsy but lovable friend, known for his 'Truffle Shuffle' dance.
• Mouth - who was played by Corey Feldman - was a wisecracking member of the group with a knack for getting into trouble.
• Data - depicted by Ke Huy Quan- was the gadget enthusiast who used his inventions to help the group escape dangerous situations.
• Sloth - plated by John Matuszak - was the misunderstood, gentle giant and disfigured son of the Fratelli family, who becomes an ally of the Goonies.

Ex-NFL star John, died in 1989 aged 38 and has forever been cemented in Hollywood history while his legendary catchphrase, 'Hey you guys!'.

The Goonies Legacy

Since its release, the movie has achieved cult status and remains a nostalgic favorite for many who grew up in the '80s. Iconic scenes, such as the Truffle Shuffle, and lines like 'Goonies never say die!' have cemented its place in pop culture. The film also helped launch the careers of several actors, including Sean and Josh. Its legacy continues with fan events, merchandise, and regular screenings, particularly in Astoria, where the movie was filmed.