The Colombian winger was signed in an unusual arrangement that spreads the Turin club’s cost over many season, in what is not your typical loan deal
Juan Cuadrado is on a three-year loan deal at Juventus from Chelsea and put in an impressive performance in Tuesday night’s 3-0 win over Barcelona in the Champions League.
He was brought to Chelsea from Fiorentina in a £23 million deal under Jose Mourinho in the 2015 January transfer window, but failed to make an impact on the pitch, while he also struggled to settle in London.
Cuadrado spent last season on loan at Juventus before returning to Chelsea, with Antonio Conte keen to keep him at the club having initially tried to sign him when he was coach of the Serie A champions.
Current Juve boss Massimiliano Allegri had to be patient, though, in his attempts to re-sign Cuadrado, with the complexity of the deal and Conte’s wishes delaying it until the final moments on transfer deadline day last summer.
Chelsea have no option to recall Cuadrado and his loan extends for the entire duration of his contract with the Stamford Bridge club. The deal will see Chelsea earn a minimum of £13 million through loan fees over the course of the three years but are likely to earn much more through bonus-activated fees related to Juventus’ success on the pitch.
There is an extra £3.5 million that can be earned by Chelsea from Juventus performing well in Europe and their domestic competitions, but there is also a £10 million obligation to buy him, if Juventus win the Serie A title. His wages are also covered by Juventus, making him one of the best-paid players in Italy.
Chelsea may end up earning a £500,000 profit on Cuadrado’s, so-called, loan move if all clauses are activated. This is on top of the £4 million fee they received last year for loaning him to Turin.
Cuadrado proved his quality at the Juventus Stadium against Barcelona but Conte can celebrate a good deal, despite losing a player who he has always rated.