The iconic rock group split in 2009 following a massive backstage bust-up between brothers Noel and Liam Gallagher, but Alan has predicted a scenario in which singer Liam leads a reunion without his older sibling.
He mused: ''I think it will get to a stage when Liam takes them back on the road, maybe in 10 years or something. There is a massive fan base of younger people who never had the chance to see them live.''
However, Alan cannot see Noel returning to the band given the bad blood that still exists between the 49-year-old singer/songwriter and Liam, 44.
Alan told The Scotsman newspaper: ''He's my pal, I know how he thinks, and he doesn't need it. The two of them don't get on. It's not an act.''
Acknowledging the bad blood that exists between Liam and Noel, Alan - who signed Oasis to his Creation Records label and helped them become the biggest band in the world - has claimed the recently released documentary film 'Supersonic', which charts their phenomenal rise, reaffirmed his belief that the brothers cannot work together again.
He previously said: ''I can't see Noel Gallagher going back and doing it. If anything came out of that film ['Supersonic'], it was that it's done, it's finished, don't spoil the f***ing legend.''
American Thighs was released on this day in 1994.