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Variety reports that Johnny Depp is in advanced negotiations to star as the Mexican revolutionary Pancho Villa in the bopic Seven Friends of Pancho Villa and the Woman with Six Fingers.  Directed by Emir Kusturica, the film is based on James Carlos Blake's biography of Villa where he described how Villa and his compadres enjoyed dancing, partying, screwing, fighting, and robbing.  Not mentioned in any biographies, they also enjoyed needlepoint.

Salma Hayek is also in advanced negotiations to co-star, but due to Depp's prior commitments, Pancho Villa wouldn't start filming until 2011.  The will be partially shot in Mexico, where Villa is a historical icon, and Depp will act the part in Spanish.  In the meantime, Kusturica (who previously collaborated with Depp in the 1993 film Arizona Dream) will shoot Cool Water, which according to Variety is "about a Palestinian stripper working in Germany who returns to her homeland to bury her dead father."  So probably not as fun as the Pancho Villa film.