Chic legend Nile Rodgers has unveiled a new song, entitled Do What You Wanna Do.

The song was recorded last summer in Ibiza and Rolling Stone reports that it was auctioned off by Rodgers to raise money for his We Are Family Foundation.

Cr2 Records won the auction and are releasing it to celebrate their tenth anniversary. The song will be officially released on August 10.

Meanwhile, Nile Rodgers recently announced that Chic are working on a new track, featuring "almost everyone" he has ever worked with – which could make for quite a crowded recording studio.

The guitarist and producer has an amazing CV and worked with the likes of Daft Punk, Pharrell Williams, Disclosure and Avicii in recent years.

Back in the 1980s he recorded massive hit albums and singles with David Bowie, Madonna, Diana Ross and Duran Duran after a highly successful career with Chic that began in the 1970s.

Here's the video for Do What You Wanna Do: