Stallone, Statham, Li Are Expendables

Action heroes Sylvester Stallone, Jason Statham and Jet Li are in final negotiations to play the team of mercenaries in “The Expendables” for Nu Image/Millennium Films says the trades.

In “Expendables,” the main characters are sent to infiltrate a South American country and overthrow its ruthless dictator to liberate the population. Their team is “expendable,” hired to do jobs that no one else can or will.

Stallone will direct from his original screenplay. This and another “Rambo” sequel will serve as his two-picture deal with the studio.

Li & Statham previous teamed on 2001’s “The One” and 2007’s “War” (aka. “Rogue Assassin”). Shooting begins in February in Costa Rica and Louisiana.