The Daily Telegraph published the first story from its year-long undercover investigation on Monday night, which led to Sam Allardyce leaving his role as England boss after just one game in charge.
The latest piece, which was titled “The explosive allegations at the top of the Championship” , pointed the finger at Queens Park Rangers boss Jimmy Floyd Hasselbaink , Leeds United owner Massimo Cellino and Barnsley assistant Wright.
Wright was initially suspended by Barnsley when it was alleged that he had accepted a “bung” of £20 notes totalling £5,000 in return for helping persuade his club to sign players from a fake Far East firm.
A statement on the club’s official website read: “Barnsley FC today terminated the contract of assistant head coach Tommy Wright with immediate effect.
“A meeting between the club and Mr Wright was held this morning attended by club Chief Executive Linton Brown. After considering Mr Wright’s response to allegations in today’s Daily Telegraph about breaching FA rules over player transfers, Mr Wright was dismissed.
“The club was unaware of such matters or involved in any wrongdoing. The club will continue to fully investigate the issues at hand and will co-operate with the regulatory authorities as necessary.”