Colin Todd has rubbished TV claims that a "bung culture" still exists in football.
BBC 1's Panorama will tonight broadcast a six-month undercover investigation into the dealings that go on within the game.
But Todd insists that managers have nothing to hide because every transfer move is strictly policed by the Football Association.
"It's not a problem because the FA have clamped down," he said.
"Anything that an agent does with a football club has to be written in the player's contract and the cheque has to be sent to the FA, who then send it on.
"Going back quite a bit it might have been easier for people to do things, because I don't think the FA had control on it, but now there are tight rules in place.
"Football has nothing to hide but sometimes there can be confusion with the role of agents who will cut each other's throats to get involved with players because it is such a rat race. You get agents trying to get involved with players that they are not working for.
"In this country, we can establish a transfer fee through manager to manager or chairman to chairman but it is more difficult getting players in from abroad because you have to go through the agent.
"Then, when they come back with a fee, there's no way of knowing if that's what the actual club are asking.
"But that doesn't happen here because everything an agent does has to be legitimate because of the FA's controls."
Portsmouth manager Harry Redknapp has been caught on film talking to an agent about Andy Todd, the son of the City boss. But Todd senior said there was no suggestion of the player being "tapped up". He added: "Harry was first interested during the time when Graeme Souness was in charge at Blackburn and Andy was looking to go out on loan. Harry had always been an admirer and the agent spoke to him as he was well within his rights to do.
"In the end, Stan Ternent came in and took Andy to Burnley for a bit. But there was no problems with the club at all because the agent had their permission to look around."
Agent Peter Harrison mentioned Andy Todd's name again during a taped conversation at Portsmouth's training ground in January.
Redknapp said: "He asked me what I thought about the player and I said I like Toddy and I'd have him in my team' and that was it. If that's seen to be tapping up then it's ridiculous."
Bantams boss Todd added: "That sort of conversation goes on all the time. It's part and parcel of the game - this is just a case of people getting confused."
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