Ipswich have called for a transfer embargo to be placed on Premier League new-boys Swansea over the loan move for Tamas Priskin.
The Hungarian striker joined the Swans in March, but his spell was ended by injury in the middle of April.
And Ipswich say the Swans owe them money for the player's wages.
Chief executive Simon Clegg said: "I am hugely disappointed that a legally binding agreement reached in good faith by both clubs is now being disputed."
The East Anglian side say that when the move for the 24-year-old was completed the Swans agreed to pay Priskin's wages until the end of May as well as make further payments connected to the play-offs.
Ipswich chief executive Simon CleggContracts have to be honoured and I have absolutely no interest in renegotiating the agreement
Clegg, speaking to Town's official website, added: "I am genuinely delighted for Swansea City and their fans but the attempted renegotiation and deliberate misinterpretation of agreed terms by their chairman is not fitting for a club which has just secured the ultimate prize in Championship football and with it a £90m windfall.
"Tamas arrived in Swansea fit and became injured whilst under their care. That's football, but contracts have to be honoured and I have absolutely no interest in renegotiating the agreement.
"As a result of Swansea refusing to pay our invoices, I have reported them to the Premier League, sought an immediate transfer embargo and am now seeking full payment of all outstanding sums with the agreed contractual interest rate of 5% above base."
Any embargo would be a big blow to Swansea boss Brendan Rodgers as he looks to strengthen his squad ahead of his side's maiden Premier League campaign.
He has already broken his club's transfer record to sign striker Danny Graham from Watford, and has also been linked with moves for Spain midfielder Marcos Senna and Spurs defender Steven Caulker.
The Swans are also in the hunt for a goalkeeper after last season's first-choice Dorus de Vries joined Wolves earlier this week.
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