The largest amount of money received for an Ipswich player is Â # 6.5 million , from Newcastle United for Kieron Dyer in July 1999 . The most the club has spent on a player was Â # 4.75 million for Matteo Sereni from Sampdoria in July 2001 . The highest transfer fee received for an Ipswich player is Â # 6.5 million from Newcastle United for Kieron Dyer in July 1999 , while the most spent by the club on a player was Â # 4.75 million for Matteo Sereni from Sampdoria in July 2001 , following the club 's qualification for the UEFA Cup .