Sam Allardyce could face action from the Football Association following the undercover investigation which led to him losing his job as England manager.
The former Sunderland and Bolton boss left his role on Tuesday evening one game into his tenure with England following meetings with the FA over allegations he discussed on video how to circumvent rules on player transfers during the newspaper sting.
FA chairman Greg Clarke said it was agreed on all sides during the discussions that the situation was not "recoverable" but added the association had not yet established whether Allardyce had committed any breach of rules.
The organisation is not making any further comment on the situation but it is understood the FA's governance team is still waiting for the transcripts from the Daily Telegraph.
Sky Sports News HQ understands Allardyce's agent Mark Curtis advised him not to go to the second meeting at Wings Restaurant in Manchester where the video was filmed, with Curtis reportedly suspicious of the motives of the representatives purporting to represent a Far Eat consortium who were interested in setting up a football business.
The FA's governance team will assess the transcripts and evidence and decide whether to bring any charges against Allardyce or anyone else featured in the undercover investigation.
If that were to happen, it would then potentially go before an independent commission and it would be for them to decide if any punishments were to be imposed.
The FA can charge anyone, even if they are no longer under its jurisdiction. If any charge(s) is found, and a punishment issued, it would be applied when they returned to the English game. Alternatively, the governing body would ask FIFA to apply it in another association.
Clarke said: "I don't know whether he has broken any rules or not because the FA disciplinary department will investigate the allegations, look at the evidence and make a decision.
"The issue for us was one of an employee's behaviour and whether he could carry on as England manager having said some of the things he had said on television.
"He admitted that behaviour was foolish, put his position in jeopardy and we discussed it and he decided to move on and we support that.
"But, once again, it wasn't about his performance as England manager, it's the things he said and the allegations will be investigated by the arm's length disciplinary department at the FA and I'll have nothing to do with that, as is quite proper."
Video footage released by the Daily Telegraph also appeared to show Allardyce mocking predecessor Roy Hodgson, calling Prince Harry "a very naughty boy" and accusing the FA of being "all about making money".
Facing the media for the first time since losing his job on Wednesday morning, Allardyce said he has apologised to the FA for the embarrassment the incident has caused.
"Obviously I have to do this before I go away. On reflection it was a silly thing to do," he said. "I was trying to help someone out I knew for 30 years and unfortunately it was an error in judgement on my behalf.
"Entrapment has won on this occasion."
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