Legendary British rock band The Rolling Stones have reportedly been confirmed to play a blockbuster concert at the Adelaide Oval early next year.

The group will perform at the upgraded stadium on Saturday, March 22, at the “tail-end” of the city’s famous festival season, according to a News Ltd report.

It was reported in October that the Stones were being headhunted by the South Australian state government to come and play and, according to local newspaper The Advertiser, taxpayer funds – up to $500,000 – were offered to lure the band to Adelaide.

It reports the concert will be the first major musical event at the revamped oval, and will be held just one week after the state election.

Mick Jagger, Keith Richards, Charlie Watts and Ronnie Wood are expected to announce their next round of live shows today.

On Tuesday, Jagger put fans on alert by tweeting: “Watch out tomorrow … should have some exciting gig news for you, check out RollingStones.com.”

Ronnie Wood tweeted, “Thought you’d want to know that there’s some exciting @RollingStones news coming tomorrow.”

The group rocked stages across the United States and Britain earlier this year to mark the band’s 50th anniversary.

The Rolling Stones last toured Australia in 2003.

Mick Jagger is likely to feel right at home at the Adelaide Oval since he is a big cricket buff.

The Rolling Stones and AC/DC performing Rock me Baby, Sydney 2003