It had been rumoured that the This Is England director would helm the project after he was seen filming at the press conference announcing the band's comeback.
Meadows wrote on his website: "There should be a statement out about it today but in brief, once TIE88 [This Is England '88] is in the bag, me and [Warp Films producer] Mark [Herbert] are gonna talk to the band and financiers (C4/Film4 first of course) about getting it rolling.
"The fact that they happen to be my all time favourite band that there ever was, has been or will ever be, means that it will defo be bumped to the top of the 'to do' list if I can come up with a good enough idea. I missed Spike Island, I'm not missing this frikker!!!!"
Herbert had said earlier on Twitter: "Just to clarify rumours on Shane Meadows and Warpfilms doing Stone Roses documentary.
"We filmed the press conference last week but until we finish post on This is England 88 in Dec nothing will be finalised. We just jumped at chance to film the announcement. Exciting tho!"
Watch the Stone Roses reunion press conference in full below:
Look back at The Stone Roses' career in pictures below: