CHELSEA TO GAIN EXTRA €20 MILLION THIS SUMMER

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Chelsea are not only going to gain money from being Premier League champions, but the Blues also stand to gain €20 million from Italian champions, Juventus.

The Italian champions released a statement on their official website on Monday noting that the Colombia winger, on loan from Stamford Bridge, had signed with the club until 2020. The statement added that Juve will pay the Blues €20 million (£17 million) for Cuadrado in three instalments.

Juan Cuadrado failed to make an impact under Jose Mourinho and Juventus decided to take the 28-year-old on loan after his first season at the club.

The 28-year-old spent the 2015-16 season on loan in Turin before rejoining Juve last summer on a three-year loan deal.

Due to Juventus title win on Sunday night, Chelsea have become €20 million richer, as Cuadrado’s loan move has now become a permanent one thanks to a clause in the player’s loan contract.

The move has earned Chelsea an extra €20 million for the coming summer transfer window – not forgetting the €5 million that the club already received as part of the loan deal.

About the Author

VICTOR N
Chelsea is more than just a football club to me; it's a passion I share, and my affinity with the Chelsea badge is one that will last forever. As far as watching my favourite team is concerned, I'd rather miss a meal than miss a Chelsea game.