Colombian international Cuadrado, 25, arrived in Europe back in 2009 after his impressive displays for Independiente Medellin tempted Serie A side Udinese into offering him a five-year deal at the club, but made just 24 appearances before being loaned out to Lecce. More flashes of brilliance in that temporary stint led to another loan move, but this time to a more illustrious side - Fiorentina.
Having starred in Florence, La Viola made his deal permanent - but as a co-ownership deal, meaning Udinese still own 50% of his rights, which is complicating his future massively.
Expected to star for Jose Pekerman's Colombia side at the World Cup this summer, Cuadrado has been producing on a regular basis for Fiorentina this season, and has unsurprisingly attracted interest from a number of clubs, including Premier League rivals Arsenal and Manchester United.
Gunners boss Arsene Wenger desperately needs an injection of pace in his side and Cuadrado would certainly add that in droves - with some speculating that the Frenchman may even view Cuadrado as an attacking right back, with Bacary Sagna's contract at the Emirates Stadium set to expire at the end of this season.
Meanwhile, United boss David Moyes has endured a difficult season at Old Trafford since replacing Sir Alex Ferguson last summer, and is widely expected to conduct a full scale overhaul of this squad this summer, with many areas of the squad needing strengthening - including the flanks, where Nani, Antonio Valencia and Ashley Young have been disappointing for some time.
But their efforts to bring Cuadrado to England could be in vain as the co-ownership situation surrounding the wide man rumbles on, and the Colombian admitted that his future is currently out of his hands until Fiorentina and Udinese can come to a resolution.
"I think only of doing well with Fiorentina and I do not speak of the market. And it’s not up to me," said Cuadrado.