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Published 19:52 30 Sept 2016 BST
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He said: "After trying to explain that that wasn't the case I felt that it was probably easier to say, 'ok, whatever you say, we'll bung them'."
He told the BBC: "I allowed them to believe the managers would not drop the money on the floor if I gave it to them."
Pagliara was filmed meeting former Barnsley assistant manager Tommy Wright, who allegedly took a £5,000 cash payment at the meeting.
Wright was sacked on Thursday after the allegations came to light, but Pagliara now insists the money was not for Wright - it was for him.
"But the actual fact is this ... as soon as we were on our own Tommy Wright gave me that money," he told ITV.
[caption id="attachment_89411" align="alignnone" width="1024"]
Tommy Wright has now been sacked by Barnsley (Photo by Clint Hughes/Getty Images)[/caption]
"I asked Tommy, because I needed that money, if he would lend himself to taking this money, allowing them to believe it was for him.
"But the actual fact is this ... as soon as we were on our own Tommy Wright gave me that money."
Pagliara says he still has the £5,000.
He also denied ever having been involved with a corrupt transfer deal.
"Find me a manager that says he's taken money (from me) or find me some evidence that I have given money to a manager then you don't need to believe me. Then my name is finished. But I don't think you will, because I haven't," he said.
He also attacked the Telegraph, branding their reporting "incompetent" and "ignorant".
A Telegraph statement said:
'Our investigations team had numerous meetings and telephone conversations with Mr Pagliara over many months. 'The transcripts of our investigation, which are currently being prepared for the police and the FA, make it very clear what he said about a series of Premier League managers.'The paper's shocking revelations this week have already seen Sam Allardyce forced to leave his job as England boss. They have also made claims about Southampton assistant manager Eric Black, while Queens Park Rangers have announced they are conducting an internal investigation after Hoops boss Jimmy Floyd Hasselbaink was implicated. Catch up with the latest episode of Football Friday Live right here...

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