QPR have every confidence manager Jimmy Floyd Hasselbaink after the Dutchman was exposed by the Daily Telegraph negotiating a fee to act as an ambassador for a company that proposed selling players to the west London club.

The Rs are launching a 'thorough internal investigation' into this matter and have insisted they are taking the allegations very seriously.

Hasselbaink requested a fee of £55,000 to work for a fake Far Eastern firm seeking to sell players to QPR.

In video footage collected by the newspaper, Hasselbaink is seen asking his suitors to "come up with a nice figure" for a role, which the newspaper says he is told would involve a number of trips to meet with the firm in Singapore.

Hasselbaink says: "You said the word business. That's all, it's business, so it depends what you put down, you know... at the end of the day, it has to be worthwhile to go all that way."

QPR owner Tony Fernandes
Backing his boss: Tony Fernandes

QPR, though, are standing by the Dutchman at this current time, insisting they have full confidence in him.

A club statement read: “The club is aware of the allegations made against QPR manager Jimmy Floyd Hasselbaink in The Telegraph.

“First and foremost, the club takes very seriously any alleged breach of the rules.

“With this in mind, the club can confirm that there will be a thorough internal investigation regarding this matter.

“However, we have every confidence in our manager and the robust systems and processes the club has in place.”

The report comes after Sam Allardyce departed his role as England manager by mutual consent after being caught on camera advising undercover reporters how to get around third party rules.

Sam Allardyce's rein as England manager lasted just 67 days and one game.
Sam Allardyce's rein as England manager lasted just 67 days and one game.

Barnsley have suspended assistant manager Tommy Wright after he was allegedly took a £5,000 bung.

Hasselbaink has come out and denied the accusations, insisting he has done nothing wrong.

He said in a statement: “I have today (Wednesday), through my lawyers, responded in full to the accusations levelled against me by The Telegraph.

“I was approached by Mr McGarvey and Ms Newell of The Telegraph purporting to be players' agents.

“They offered me a fee to make a speech in Singapore. I do not see anything unusual in being offered to be paid to make a speech.

“I did not make any promises in return. I did not ask QPR to purchase any of the players who were said to be managed by Mr McGarvey and Ms Newell and did not and would not recommend the purchase of a player for my personal gain. I deny any accusations of wrongdoing on my part.”

QPR travel to Craven Cottage to take on west London rivals Fulham on Saturday.