Juan Cuadrado Colombia
Chelsea boss Jose Mourinho was reportedly impressed with Juan Cuadrado's performances in the 2014 World CupReuters

Chelsea are reportedly all set to officially announce the signing of Fiorentina winger Juan Cuadrado in the next 48 hours, with Mohamed Salah believed to be joining the Serie A side on loan for the remainder of the season.

Fiorentina had earlier reportedly rejected a £20 million bid from Chelsea for the Colombian due to the Blues failing to match the £25 million buyout clause in Cuadrado's contract.

However, it was later reported that the Serie A club had accepted an improved bid of £23 million from the Blues, despite the offer being £2 million short of the amount in the winger's buyout clause, after succumbing to the pressure put by the player, who is believed to be keen on moving to the Premier League.

And now, according to an ESPN report, the Blues are set to confirm the deal in the next 48 hours after reaching an agreement on personal terms with the Colombian.

The deal will also reportedly see Egyptian winger Salah move to Fiorentina on loan for the rest of the season.

Chelsea boss Jose Mourinho is reportedly a big fan of Cuadrado since his impressive performances for Colombia at the 2014 World Cup. It is believed that the Portuguese is especially impressed with the 26-year-old's ability to play on either side of the pitch.

Meanwhile, Chelsea's Andre Schurrle is also on the verge of completing his move to Bundesliga side Wolfsburg following reports that the German is set to undergo a medical at the Volkswagen Arena today.

According to the Daily Mail, the 24-year-old has agreed personal terms with the Bundesliga, and will now fly to Germany to complete his move.

Although both the clubs are still yet to agree on a transfer fee, it is believed that Wolfsburg will be paying £21million up front plus add-ons that could see the transfer rise to £27m.

Chelsea, who paid £18 million to secure the services of Schurrle from Bayer Leverkusen in the summer 2013, reportedly want more for the German World Cup winger, but they may be forced to accept Wolfsburg's current offer as they are currently in need of funds to land Cuadrado.