The film showed two agents claiming they paid bungs - illegal payments - to Allardyce.

BBC: SPORT | Football | Pompey boss hits out at Panorama

He was paid the "bungs or offshore bonuses" by Mr Mandaric, it was claimed.

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The Football Association found the club guilty of paying agents via a third party, but not of paying bungs.

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Allardyce has been accused of taking bungs while building the successful Bolton sides of the early- to mid-aughts, a claim he denies.

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Stung by such talk, in 2008 the previous Labour government proposed a new law updating the country's antiquated rules on backhanders and bungs, including those dispensed overseas.

ECONOMIST: A long-delayed anti-bribery law will soon come into force

When Bond was told of the filming he said that he was not interested in receiving bungs and that no-one he had ever worked with had taken a bung.

BBC: SPORT | Football | Pompey boss hits out at Panorama

One obvious winner is the Supreme Corq from America, devised after its inventor had seen plastic bungs being used to seal the casks in some of the classiest estates in France.

ECONOMIST: Plastic wine stoppers