Luton manager Mike Newell has responded to Lord Stevens' inquiry by reiterating his claim, made back in January, that there is corruption in football.
Newell is dissatisfied with Lord Stevens' findings
He said: "The game is not clean and Lord Stevens said that yesterday when he was asked the question directly.
"He said he felt there was corruption - that's the only question where anybody needs to take notice of the answer."
Newell also believes there should be an investigation into transfer dealings going back 10 years, rather than two.
Following a nine-month investigation, Lord Stevens revealed on Wednesday that 17 transfers - out of 362 - still require further investigation.
However, he did not reveal the names of the clubs or the players involved.
Newell believes the reason is that clubs are being run more professionally now and have cleaned things up.
He added: "Go back five or 10 years and involve everybody - because people with nothing to hide will fear nothing.
"They keep rolling these agents out who say the game's clean and only five percent of activity is being questioned - but they've only gone into the last two years in the Premier League.
"In those two years clubs are more professional - so it's not as widespread.
"But a lot of these agents have made their millions in the last five to 10 years.
"There will be a lot of people breathing a sigh of relief on their yachts and in their villas - and I'm not just talking about agents now."