Oldham Athletic Football has had plans to develop a new 12,000 seater stadium in Failsworth rejected by the Charity Commission.
The club said it was ‘shocked’ and ‘bitterly disappointed’ by the decision, with the committee rejecting the application as it was ‘not satisfied’ that the swap was in the interest of the charity.
The npower League Two club has been looking for a new site after hopes of developing existing stadium Boundary Park were blocked.
Oldham had hoped to transfer the Trust status to two sites in Failsworth at Medlock Vale/Vale Lane and Warwick Road/land to the rear of Leicester Road. A statement on the club’s official site said they would now look at alternatives although did not rule out appealing against the decision.
"At this time we need to take advice and review all of the options available to us. We need to carefully consider how we arrived at this wholly unsatisfactory position and what the next steps will be," the statement read.
"Our objective has always been, and remains, to provide a solution to the long term future of OAFC. Boundary Park cannot provide that, and it would appear that yet another genuine opportunity to cement that future has passed Oldham by."