Swansea chairman Huw Jenkins insists he is "completely unaware of any dispute with Ipswich" after Town reported them to the Premier League for alleged non-payment of invoices.
Jenkins has vowed to meet with Ipswich chief executive Simon Clegg next week after the latter asked the Premier League to impose a transfer embargo on the top-flight newcomers due to a dispute over payments relating to Tamas Priskin's recent loan spell.
Clegg claims the Swans have reneged on a deal relating to the payment of Priskin's wages while he was on loan last season and subsequent add-ons as a result of their promotion. Jenkins, though, told swanseacity.net: "In response to Ipswich Town's statement, as a club we are completely unaware of any dispute with Ipswich."
He added: "Myself and Simon Clegg talked a few weeks ago regarding the situation of Tamas Priskin returning early from his loan spell, but there has been no correspondence since. While we are surprised and disappointed with Simon's statement, we will address the situation and speak to him and Ipswich early next week."
Earlier, Clegg said: "I am hugely disappointed a legally-binding agreement reached in good faith by both clubs as part of Swansea's final push for promotion is now being disputed."
Ipswich claim the loan agreement made provision for Swansea to pay for Priskin's wages up to May 31 even though he was injured on April 22. They also say the contract provided for "cumulative payments for each stage of the play-off competition".
Clegg added: "I am genuinely delighted for Swansea and their fans but the attempted renegotiation and deliberate misinterpretation of agreed terms by their chairman (Jenkins) is not fitting for a club which has just secured the ultimate prize in Championship football and its £90million windfall.
"Tamas arrived in Swansea fit and became injured while under their care - that's football but contracts have to be honoured and I have absolutely no interest in renegotiating this 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 five per cent above base."
The Premier League were not immediately available for comment.
Copyright (c) PA Sport 2009, All Rights Reserved.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: https://www.givemesport.com/writeforgms