The allegations were published 24 hours after Allardyce left the England job for "inappropriate" behaviour following secret filming that showed him offering advice to businessmen on how to "get around" rules on player transfers.
The newspaper said its secret filming showed Wright, assistant at the Yorkshire club that plays in the second tier of English football, accepting a cash “bung” of 5,000 pounds after agreeing to help a fake Far Eastern firm which wanted to profit from transfers.
Barnsley said in a statement on Wednesday that “the club has today suspended Tommy pending an internal investigation into these allegations.”
The Telegraph article quoted a spokesman for Wright as saying: “Any suggested acts contrary to criminal law or those of the FA and FIFA are categorically denied.”
The newspaper also published film of Hasselbaink allegedly agreeing to represent the same firm by flying to the Far East to talk to investors for a fee of £55,000.
A statement from QPR on Wednesday said there would be an internal investigation but that they had every confidence in Hasselbaink. The manager himself said: “I deny any accusations of wrongdoing on my part.”
(Reporting by Ian Chadband, editing by Mitch Phillips)
