Manchester United Supporters' Trust (Must) submitted a proposal which would allow the local community to buy the historic stadium should it ever be put up for sale.
That proposal was accepted on Wednesday evening, but the Premier League champions have issued a statement highlighting their intention to fight the decision.
"The club has received the decision by Trafford Council. Old Trafford is, of course, a special place; it is the heart and soul of the club. The club obviously sees it the same way, which is why over the last eight years it has demonstrated its commitment to Old Trafford by spending around €100 million upgrading its facilities and it will continue that investment in the future," the statement read.
"We do have concerns that the legislation is not being applied correctly which could set a precedent throughout the country. Therefore, we have asked the council to follow the statutory review process to ensure the legislation is being applied as intended and we shall continue to keep open communication with the Council."
Must, who admitted that United's owners, the Glazer family, currently have no plans to sell the club or stadium, called on supporters to lobby their local councillor to put forward their proposal under the Localism Act.
Must CEO Duncan Drasdo revealed on his Twitter account that the group will be releasing a statement on their successful application later on Wednesday.
The community rights website explains that local groups "can use the Community Right to Bid to ‘pause’ the sale of buildings or land they care about such as a local pub, shop, library or football ground. It gives the community time to develop a bid to buy it."
Liverpool's Spirit Of Shankly fan group have submitted a similar proposal regarding Anfield to Liverpool City Council.