The Telegraph claims eight current or former Premier League bosses have been paid "bungs" for transfer deals
The League Managers Association says it is "extremely concerned" by allegations made against a number of its members.
The Daily Telegraph claims eight current or former Premier League bosses have been paid "bungs" for transfer deals.
However the individuals have not been named.
Information came from secret recordings of agents.
The LMA says it's working with the Football Association to establish the full facts.
In a statement on their website, the organisation said: "The LMA is extremely concerned by the current situation of allegations made against a number of managers. We take the allegations very seriously as they are obviously damaging to the game.
"We are in regular communication with The FA to establish the facts relating to those allegations. We know The FA has requested full disclosure, from the Telegraph, of all the relevant information it has and we are working with The FA in dealing with the allegations, following the correct processes and procedures.
"With regard to Sam Allardyce’s departure from his role at The FA, the LMA was in regular communication with Sam and The FA throughout the process. We fully respect the decision that they have mutually agreed."