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The low fee is only because he was out of contract in the summer and could have left for nothing. But he then signed a new contract with the low release clause in it so he could carry on playing for his hometown club until an offer which actually appealed to him came in. It doesn't mean that he'd automatically go to just any old club who happened to offer that, and he had apparently turned down other interest.
The Guardian's comment: "11.18am BST Big-spending Championship news, as the early leaders Ipswich are — according to Polish reports — to sign defender Piotr Malarczyk from Koronie Kielce for a sum that would equate to...erm...£8,500. We'll see. They don't have £9m to spend though so they're not a threat to your club."