Barnsley have sacked assistant head coach Tommy Wright following claims he took a £5,000 bung to help place players at his club.
The Daily Telegraph alleged that Wright accepted the money during a series of meetings with reporters posing as Far East businessmen in which he agreed to help sign players part-owned by them.
In a statement, Barnsley FC said it dismissed the coach after "considering" his response to the allegations.
The Championship side added: "The club was unaware of such matters or involved in any wrongdoing.
"The club will continue to fully investigate the issues at hand and will co-operate with the regulatory authorities as necessary."
Wright, 50, has denied any wrongdoing.
The claims form part of the Telegraph's undercover investigation into corruption in football, which on Tuesday accounted for England manager Sam Allardyce.
The newspaper has also alleged Leeds United owner Massimo Cellino offered its undercover reporters, posing as an investment firm, a way around third party ownership of players.
Cellino suggested the firm could own shares in Leeds, which would entitle them to a portion of players sell on fees.
The paper says in return for 20% of the club, the firm would get 20% of future sell on profits.
A statement from Leeds United said: "The Club has reviewed the supposed "evidence" that the Daily Telegraph have published tonight (Weds).
"At no time in this video clip has Mr Cellino suggested getting around the FA's rules on third-party ownership of players.
"In complete contrast to what has been suggested, Mr Cellino has made a perfectly proper suggestion which is entirely consistent with the FA's regulations, as the only parties entitled to take benefit from ownership of a player is the Club itself."
Both FIFA and Football Association rules ban the practice of owning players' economic rights.
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