The reunion, which has been widely rumoured over recent weeks, will feature the band's original line up, including Rolling Stones guitarist Ronnie Wood.

When asked about reports of a reformation, Stewart told the Mirror newspaper: "Yes, absolutely. We have our first rehearsal on Monday.

“It will be next summer and I am looking forward to it. It'll be great."

Stewart said the that Wood, who is engulfed in personal problems, was “up to it (the reunion)”.

He added: "He is full of energy and very excited. We try not to mix our family problems with work.”

The group, who last toured in 1975, are expected to perform a string of live dates and record a new album.

(by Jason Gregory)