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Many fans had been queueing for tickets for hours, only to find out the prices had sky-rocketed.
Those who tried to sell their tickets for profit have broken the terms and conditions of sale and therefore, tickets will be cancelled by Ticketmaster or See Tickets and made available again at face value - with details to be announced shortly.
A spokesperson for the promoters said only 4% of tickets had found their way onto resale sites, which still amounts to tens of thousands.
"The examination of ticket sales is ongoing and the results will be passed to relevant law enforcement once complete where appropriate," a statement added.
"If fans do want to sell Oasis tickets they can do so at face value through Ticketmaster or the band's official resale partner Twickets," the spokesperson added.
"For fans who believe they have had tickets cancelled in error, refer to the email sent by the relevant agent when informed."
Oasis begin their reunion on 4 July in Cardiff before playing another 16 dates in the UK and Ireland.
Picture credit: Getty
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