Despite the legendary rockers insisting last week they wouldn't be performing at the gig in July, Ronnie says they are being considered along with his other group, The Faces.
He said: "Yeah, we've been asked. We were asked to open it with the Stones and close it with The Faces. I would be the first bi-athlete musician.
"It would be fantastic. The Olympics coming to London is a once-in-a-lifetime thing and it would be too good an opportunity to miss."
However, the guitarist isn't sure if he has the time to do it, saying: "I'm busy with The Faces getting inducted into the Hall Of Fame in April and art shows."
Last week, a spokesperson for the band - also made of Sir Mick Jagger, Keith Richards and Charlie Watts - said: "The Rolling Stones wish to point out that they are not performing at any concerts tied to the 2012 Olympic Games."
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