Collider.com provides a full synopsis:
Charlie Countryman (LaBeouf) was just a normal guy…until he fell in love with the one girl who will probably get him killed. When Charlie meets the absolutely irresistible Gabi she’s already been claimed by Nigel, an insanely violent crime boss with a gang of thugs at his disposal. Armed with little more than his wit and naïve charm, Charlie endures one bruising beat down after another to woo Gabi and keep her out of harm’s way. Finally his exploits of blind valor create such a mess that he’s left with only one way out; to save the girl of his dreams, must Charlie Countryman die?
We do not yet know what role Rupert will play in the film, but we will of course update as soon as more information becomes available.
Distribution deals have already been closed before filming even starts and Screendaily offers a whole list that tells us this film will be shown worldwide
Deals have closed in Portugal (Lusomundo), Latin America (Imagem), Hong Kong (Deltamac), Singapore (Innoform), Middle East (Gulf), CIS (DT), South Africa (Ster Kinekor), Taiwan (SSG), China (HGC), Scandinavia (Scanbox), Eastern Europe (Mediapro), Benelux (Belga), Thailand (Dreams Vision), Israel (Forum), Greece, Turkey and India (Tanweer), Iceland (Samfilm) and Malaysia (13 Entertainment).
We are awaiting confirmation on this exciting news, so we must treat it as a rumour for now.
UPDATE: The news is indeed true! We will update when more information and news start to trickle in.