Newcastle assistant manager Kevin Bond plans to sue the BBC for libel after allegations were made against him in Tuesday's Panorama programme.
Bond joined Newcastle in July 2006
The BBC insists comments made by Bond constitute an admission that he would take illegal payments from an agent.
Bond strenuously denies any wrongdoing and his solicitor Kevin Price said: "My client's conversation with the reporter was taken out of context.
"It was presented in a completely misleading manner."
He added: "It was all smoke and mirrors. It seems that my client was only included because after one year of working on the programme the producers were struggling to fill the one-hour slot."
Meanwhile French-based agent Teni Yerima says he also plans to sue the BBC.
In the Panorama programme Yerima is filmed telling the BBC's undercover reporter Knut auf dem Berge he bribed Bolton manager Sam Allardyce.
"I can show all my accounts," Yerima told BBC Radio Five Live. "I never gave any money to managers in England. I can prove that.
"I've never earned big money to say I can do this and that."
In his right of reply to the Panorama programme Yerima told the BBC he made everything up as part of his plan to find out who the undercover reporter was working for.