Old guys in hot springs, reportedly (7)

I believe the answer is:
geezers
'old guys' is the definition.
The definition and answer can be both people as well as being plural nouns.
Perhaps there's a link between them I don't understand?
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for geezers that I've seen before include "Blokes" , "Odd old men" .)
