The multi-award-winning singer - whose entertainment career spans six decades - is in advanced talks to join the BBC One talent show, The Sun claims.
A source is quoted as saying: "Tom is close to committing. He has almost 50 years' experience in music, so he'll be able to give contestants decent advice.
"Jessie J will attract younger viewers but Tom's bound to be the housewives' favourite."
Jones began singing as a young child in school choirs and at family functions, and found international success with 'It's Not Unusual' in early 1965. His most recent album, the gospel-inspired Praise & Blame, entered the UK charts at number two in 2010.
Jessie J was confirmed as the first coach for The Voice UK earlier this month.
She said that she hopes the show's 'blind auditions' format - where contestants are initially judged on their singing voice alone - will encourage applicants who are usually discouraged by similar shows.
> Jessie J: 'The Voice' UK won't laugh at people like 'The X Factor'
> 'The Voice' can emulate 'The Apprentice', says BBC
Watch Tom Jones performing on the main stage at Glastonbury 2009 below: