BREAKING NEWS: Juventus complete EUR20m Cuadrado signing
Juventus have paid EUR20 million to sign Juan Cuadrado from Chelsea on a three-year deal after terms regarding a permanent transfer included in his loan move were met.
Cuadrado has spent the past two seasons on loan at Juve having failed to establish himself at Stamford Bridge after arriving from Fiorentina in January 2015.
The Colombia international returned to Chelsea in July 2016 before another temporary switch to the Turin giants was agreed, and those terms have resulted in his switch being been made permanent.
An official club statement read: "Juve announces that, following the achievement of the conditions provided by the contract, its obligation to definitively acquire the registration rights of the player Juan Cuadrado from Chelsea became due.
"The permanent transfer fee is EUR20 million to be paid in three annual instalments starting from [the] 2017-18 financial year.
"Juventus and the player signed a contract of employment until 30 June 2020."