The Le Freak hitmakers previously announced a follow-up to 1992's Chic-ism would arrive in 2015, but the new tracks never materialised.

Now frontman Nile Rodgers has revealed fans will finally get to hear the fresh material, suitably titled It's About Time, in the coming months to mark the double celebration of the band's formation and 40 years since the opening of iconic New York nightclub Studio 54.

"In 2017, we will pay homage to the club that put us on the international map by doing a series of concerts, afterparties, VIP Packages, films and singles," reads a statement posted on Rodgers' official website. "Then drop the full album along with a BIG SURPRISE!"

The singer goes on to share he wanted to postpone the release of It's About Time after the string of high profile celebrity deaths this year (16), including the passing of his friends David Bowie and Prince.

"When Prince suddenly died, it was like I'd been struck by lighting twice," Nile continues. "In 2016, I couldn't release an album about the joy of life in A Year of So Many Deaths."