Chelsea have completed the signing of Fiorentina winger Juan Cuadrado for a fee which could rise up to £26.8 million.
This is according to the Guardian, who understand the Colombia international has signed a four-and-a-half-year deal with the west London outfit.
Andre Schurrle, meanwhile, has completed a permanent transfer to Wolfsburg. Mohamed Salah has also left Stamford Bridge, signing for Fiorentina on an initial six-month loan deal with an option to join the Italian club on a permanent basis this summer.
Wolfsburg pay £24m for Schurrle
Chelsea were keen to offload Schurrle before purchasing Cuadrado in order to comply with UEFA’s Financial Fair Play (FFP) regulations.
Wolfsburg have paid an initial £24 million with potential add-ons for the German World Cup winner, who will earn £85,000-a-week over a four-and-a-half-year contract at the Volkswagen Arena.
Cuadrado an upgrade
Cuadrado is regarded as an upgrade on Schurrle, who spent 18 months with Chelsea following his move from Bayer Leverkusen in the summer of 2013.
The South American lit up the 2014 World Cup finals with Colombia and was one of the best-performing wingers in Serie A last season, scoring 11 goals in 32 appearances.
He scored four goals in 17 appearances for Fiorentina this season and will now begin the next chapter of his career with Chelsea, who are currently favourites to win the Premier League title.
Trophies up for grabs
Cuadrado could win his first trophy with Chelsea as early as next month, when Jose Mourinho’s side take on Tottenham in the Capital One Cup final.
He will also be eligible to play for Chelsea in the Champions League knockout stages. The Blues face French champions Paris Saint-Germain in the last 16, with the first leg taking place on February 17.
Cuadrado will bring energy and skill to the right-hand side of Chelsea’s attack - and will line-up alongside Oscar, Eden Hazard and Diego Costa for the club’s most important matches.
Brazil international Willian, however, is expected to be knocked down the pecking order following Cuadrado’s arrival.