Dark Horizons is reporting that the script is finished and no director has signed. But, Disney wants Tim Burton. That would be absolutely fantastic to have Burton behind the wheel.
Tim Burton, Sam Raimi, Shawn Levy, Chris Weitz and Alfonso Cuaron are all being brought up as possible back-up directors on a fifth "Pirates of the Caribbean" film says Cinema Blend.
An offer has reportedly been out to 'On Stranger Tides' director Rob Marshall since January, but he hasn't signed as yet. If Marshall doesn’t return then Disney's alleged big hope is to score Burton whom they wanted for the fourth film.
Marshall's lack of interest isn't surprising as he's looking likely to re-team with Depp on "The Thin Man" remake instead. The script for the fifth 'Pirates' has reportedly been finished for weeks.