How to fix fuzzy spotify icon in the icon tray?

I installed a Spotify client today on my recent Ubuntu 14.04 installation and I realized that the icon in the tray is very distorted:

Is there any way to fix this in Ubuntu 14.04? Any help would be greatly appreciated.

Serious props to asymptotically for this one! His solution was amazing:

Now Spotify actually looks like it belongs on my icon tray. Awesome job.

Based on asymptotically's answer I have created a simple shell script to fix the Spotify icon.

To install the script run:

$ sh -c "$(wget https://raw.githubusercontent.com/faviouz/fix-spotify-icon/master/install.sh -O -)"

To fix the icon run:

$ fix-spotify-icon

I found this, and it's actually excellent. Download, extract, copy resources.zip to /opt/spotify/spotify-client/Data (overwriting the existing file), and restart Spotify.

UPDATE: Spotify released a new update, and allowing the update rewrites the resources.zip file. The theme has considerably changed, so the same zip won't work - however, you just need to copy over resources.zip, extract, and in the _linux subdirectory, delete all files and copy over _linux/spotify_icon.ico from the one that you downloaded, zip it back up and copy the zip file back

Thank you very much asymptotically.

Regarding the failed to load skin error, you don't need to extract Spotify's resources.zip file in order to edit it - you can just enter the directory and then copy the new file across:

1. Open nautilus as root (i.e., in a terminal, enter gksu nautilus and then enter your password);
2. Navigate to /opt/spotify/spotify-client/Data/resources.zip/_linux;
3. Download ubuntu-ambience-theme-for-0.9.4.183.zip and then extract it. Extract resources.zip and then enter the _linux directory;
4. Replace the spotify_icon.ico file in /opt/spotify/spotify-client/Data/resources.zip/_linux with the one in ubuntu-ambience-theme-for-0.9.4.183.zip;
5. Start Spotify.