Serie A serial winners Juventus have confirmed the signing of Chelsea winger on a three-year permanent contract for a deal reported to be in the region of £17m.
Juan Cuadrado has been on loan at Juve for the past two seasons but the Italian giants recently made his stay permanent after activating the option to purchase clause within his loan contract.
Cuadrado, 28, has become a vital cog in the Turin set-up since making the loan switch from Stamford Bridge, and the Colombia international has put pen to paper on a deal which will see him remain in the famous black and white strips of Juventus until at least 2020.
“Juventus announces that, following the meeting of the conditions provided by the contract, its obligation to definitively acquire the registration rights of Juan Cuadrado from Chelsea became due,” Juve confirmed the deal via the club’s official website on Monday.
“The permanent transfer fee of €20 million is to be paid in three annual instalments starting from the 2017/2018 financial year.
“The 28-year-old forward has signed a contract that ties him to the Bianconeri until 30 June 2020.”
Cuadrado has made 28 Serie A appearances for Juventus during the recent 2016/17 season in which he scored twice along the way and played his role in securing another league title for the Old Lady as they look to bag a treble when they take on Real Madrid at the Principality Stadium in Cardiff on Saturday, June 3rd.