The Colombia international was strongly linked with a move to the Premier League, as well as Barcelona, during the summer months after he impressed at the World Cup finals in Brazil, but a move failed to materialise.
Cuadrado's wage demands
Cuadrado is currently contracted to La Viola until 2017, but Tuttosport have revealed that talks over a new deal have come to a standstill because of the 26-year-old’s wage demands.
The live-wire winger currently earns €1.2 million per season and is being offered a new deal worth €2 million-a-year, plus performance-related bonuses.
Cuadrado, however, is asking for a more lucrative contract from the Serie A outfit.
Cuadrado can earn more elsewhere
Both Cuadrado and his agent will be acutely aware that he could earn much more should he seal a transfer to a top European club either in January or next summer.
However, Fiorentina set a huge €50 million asking price for Cuadrado in the summer and are unlikely to lower their demands as the season progresses.
Do United and Chelsea still want him?
It was believed that United boss Louis van Gaal wanted to bring the South American to Old Trafford in order to use him as the right-sided wing-back in his 3-4-1-2 system.
But the veteran Dutch coach appears to have already changed his mind over the formation and has, in recent matches, switched back to a more conventional back four.
Whether this means Van Gaal no longer regards Cuadrado as a transfer target is unclear, but Barcelona can no longer sign the player. The Catalan giants, because of a transfer ban imposed by FIFA, are unable to make any more signings until January 2016.
Chelsea, meanwhile, have started the season very impressively and don’t appear to have any need to sign Cuadrado. But Jose Mourinho may think differently.