The scheme by the Frank Whittle Partnership (FWP) was narrowly turned down by Oldham Borough Council’s planning committee last week, causing fans to hold a major protest against the authority.
Club officials labelled the decision ‘diabolical’, claiming the move could spell the end for the 103-year old football team at its current Boundary Park home.
Oldham Athletic want to rebuild three sides of its existing ground – a scheme which includes building key-worker and private flats, a 120-bed hotel, club facilities and 10,000m2 of commercial space.
The project, which has already been four years in gestation, would also have increased the ground's capacity from by 2,500 to 16,000.
It is understood FWP will now re-examine the plans with a view to submitting revised proposals.
A timescale is not yet known.