Award-winning writer Jez Butterworth - whose play Jerusalem has recently transferred to Broadway - is to script the film to be made by Ruby Film and Television, one of the UK''s most prolific production companies.
Former Clash stars Paul Simonon and Mick Jones, who have now joined the line-up of Gorillaz, are executive producers and advisers for the film, which will be called 'London Calling'.
The album was the band''s third release and saw the quartet leaving behind the three-chord crunching and sloganeering of their early days and embracing jazz, blues and reggae.
It was famously named the greatest release of the 1980s by Rolling Stone magazine, despite being released in the UK in 1979.
The film has not yet been cast but will begin filming next year, reports the Sydney Morning Herald.
"Fans of The Clash all over the world have been waiting a long time to see their extraordinary story played out properly and accurately on the big screen," the film''s producer Alison Owens said.
"We''re happy that Mick and Paul have given the project their blessing and are on board to help steer the ship," Owens added.
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