Agent Sky Andrew has insisted he is guilty of no more than a 'technical breach of paperwork' after he was implicated in two of than 50 charges brought by the Football Association against Luton and some of their associates.
Luton have been charged with allegedly making payments to agents through another company rather than the club, as required by FA rules.
The club have also been charged with providing misleading information to the FA.
Former chairman Bill Tomlins has been charged with 15 rule breaches, former finance director Derek Peter with nine, and current directors John Mitchell and Richard Bagehot with failing to report the breaches when they became aware of them.
Six agents - Andrew, Mike Berry, Mark Curtis, Stephen Denos, David Manasseh and Andrew Mills - have each been charged with failing to ensure that payments to them were made and disclosed through the proper channels, said the statement.
But Andrew, whose clients have included high-profile players such as Sol Campbell and Jermain Defoe, has denied any wrongdoing with regards to payments received from Luton.
'Everything has been declared to the government, all VAT has been paid, so from our point of view we don't want anyone blowing this out of all proportion - it's very much a technical situation,' he told Sky Sports News.
'I don't want people to think I've done something financially wrong. I don't want people to get the wrong end of the stick. With respect to us it's just a technical breach of paperwork.'
He added: 'I can only speak on behalf of myself, and I don't want people to think we haven't disclosed money we've received to the Government. We have worked in the way we were asked to.
'I can't blame the FA because they've got a job to do, whether it's a technical breach or a breach.
'If there's a technical breach and there's a hearing, I'll go along to the hearing and make sure our case is put forward.'
The charges follow an FA investigation after former Luton manager Mike Newell claimed in early 2006 that illegal payments in the game were rife.