Mark Day, Paul Davis and Paul Ryder returned to the Madchester group in January as they reformed for a fourth time.
However, frontman Shaun Ryder had strongly refuted claims that a sixth record was being made, following comments made by backing singer Rowetta Satchell in February.
Happy Mondays boss Warren Askew said in a statement to NME: "Yes, we are now planning to record a new album, after the success of the tour and with the band all getting on so well.
"Shaun has been writing and the band have been getting together in the studio putting ideas down. I'm sure it will be a great Happy Mondays album."
Meanwhile, the 'Step On' singer defended the group's previous reincarnations, after The Guardian asked him whether he regrets reforming with the Mondays too soon considering the amount of money offered for The Stone Roses' reunion shows.
"What, and got as skint as they did?" he retorted. "No thanks! I've got six kids who've all gotta go to private school!
"Good music always sticks around. That's just how it is. I haven't seen The Stone Roses, though, I've been away."
Watch the classic music video for the Happy Mondays' hit single 'Step On below':