Reuben Reid and Keanu Marsh-Brown head the list of seven players released by Oldham.
Oldham forward Ryan Brooke has joined Blue Square Bet Premier outfit AFC Telford on a one-month loan deal.
Oldham recorded their first pre-season win with a 1-0 victory at non-league Mossley on Tuesday night.
Oldham duo Ryan Brooke and Greg Fleming are set to return to full training before the end of the month.
Oldham striker Ryan Brooke has signed a new deal to keep him at Boundary Park until at least June 2012.