20TH century fox studios seems to Think so, I found the original movie very entertaining back in 2003 on it's release, and so did many other moviegoer's, actually it was so good, the movie opened at #2 at the box-office. But got negative reviews from film Critics, The characters were based on creator Alan Moore's graphic novel's whose book series Storyline is set in Victorian london England. according to what we see in the movie, the concept is based on a justice league of victorian England.
So in my opinion why doesn't fox studios continue with a sequel where the last movie ended where we see, the remaining characters from the league attending Sean Connery's Allan Quatermain's Funeral. silly me. What would the league of Extraordinary Gentlemen do with out Allan Quatermain ? what do think , would you like to see a reboot movie ?