Union Bankshares Announces Fourth Quarter and Year End 2008

first_imgMorrisville, VT January 21, 2009 – Union Bankshares, Inc. (NASDAQ – UNB) today announced net Income for the fourth quarter of 2008 was $1.34 million or $.30 per share compared to $1.51 million or $.34 per share for 2007.  Net income for the year ended December 31, 2008 was $5.11 million or $1.14 per share compared to $5.66 million or $1.25 per share for the same period in 2007. Results for 2008 reflect a year to year decrease in net interest income of $501 thousand or 2.8%. The loan portfolio grew $35.1 million or 11% which caused an increase of $70 thousand in the loan loss provision. There was a writedown of $512 thousand in the third quarter on two available-for-sale investments in corporate bonds due to impairment in value.  And, there was an increase in other expenses partially offset by an increase in trust and fee income, an increase in tax exempt income from life insurance and a reduction in the provision for federal income taxes.During 2008, Union Bankshares’ subsidiary, Union Bank, opened two new full service branches in St. Albans and Danville, Vermont.  Total loans grew to $353.3 million at December 31, 2008 versus $318.2 million at December 31, 2007.  Total deposits at December 31, 2008 were $364.4 million compared to $324.0 million at December 31, 2007. Union Bankshares, Inc. made the decision in early November, 2008 to not participate in either the Troubled Asset Purchase Program or the Capital Purchase Program from the U.S. Treasury.  We are participating in the Temporary Liquidity Guarantee Program regarding the noninterest bearing deposit account guarantee available through the Federal Deposit Insurance Corporation but opted out of the unsecured debt guaranty portion of that program.A quarterly cash dividend of $.28 per share was declared on January 21, 2009 to shareholders of record January 31, 2009, payable February 11, 2009.  Total dividends paid per share for 2008 and for 2007 were $1.12.Union Bankshares, Inc., with headquarters in Morrisville, Vermont is the bank holding company parent of Union Bank, which offers deposit, loan, trust and commercial banking services throughout northern Vermont and northwestern New Hampshire.  As of December 31, 2008, the Company had approximately $439 million in consolidated assets compared to $393 million at the end of the prior year.  The Company operates 14 banking offices and 30 ATM facilities in Vermont, a branch and ATM in Littleton, New Hampshire.  The Company had capital of $41.5 million with a book value per share of $9.28 as of December 31, 2008.Statements made in this press release that are not historical facts are forward-looking statements.  Investors are cautioned that all forward-looking statements necessarily involve risks and uncertainties, and many factors could cause actual results and events to differ materially from those contemplated in the forward-looking statements.  When we use any of the words “believes,” “expects,” “anticipates” or similar expressions, we are making forward-looking statements.  The following factors, among others, could cause actual results and events to differ from those contemplated in the forward-looking statements:  uncertainties associated with general economic conditions; changes in the interest rate environment; inflation; political, legislative or regulatory developments; acts of war or terrorism; the markets’ acceptance of and demand for the Company’s products and services; technological changes, including the impact of the internet on the Company’s business and on the financial services market place generally; the impact of competitive products and pricing; and dependence on third party suppliers.  For further information, please refer to the Company’s reports filed with the Securities and Exchange Commission at www.sec.gov(link is external).last_img read more

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VBSR among 14 major business groups to support Clean Air Act

first_imgToday, the EPA and the Clean Air Act got a huge boost from large and small US companies, when over 60,000 firms represented by 14 business organizations told Congress to keep the Environmental Protection Agency (EPA) and Clean Air Act strong.At the same time, the groups expressed concern that the EPA’s half-year delay of pending ozone (smog) rules will be costly to US companies. The delay could result in higher health costs due to increased employee sick-day absenteeism and related medical costs borne entirely or partially by small and large US companies.The groups’ joint letter (http://www.abce.us/(link is external)) reads in part as follows: “â ¦ (S)mall business owners support some of the key strategies needed to reduce pollution and transition to a clean energy economy. A recent national poll of small business owners conducted by Small Business Majority â ¦ found that 61 percent of respondents agree that moving the country to clean energy is a way to restart the economy and make their businesses more competitive in the global economy, and that 50 percent support comprehensive clean energy and climate policy … Larger businesses also support EPA’s authority under the Clean Air Act and understand that it has spurred innovation and economic value for the U.S.”Christopher Van Atten, spokesperson, American Businesses for Clean Energy, said: “The business case for a vigorous EPA enforcing well designed and efficient Clean Air Act rules is clear. We support policy measures that will create new economic opportunities and drive the transition to a clean energy economy. This includes support for the adoption of effective federal climate legislation, EPA regulation of greenhouse gas emissions, and regulation of NOx, SO2, mercury, and other hazardous air pollutants from power plants and industrial sources. Business leaders need long-term policies that will provide the foundation for economic growth and prosperity. Blocking, delaying or weakening the Clean Air Act will only serve to set us back as we strive to build a new, strong and innovative economy.”John Arensmeyer, founder and CEO, Small Business Majority: “Our research confirms that small business owners support moving the country to clean energy. They understand the connection between a clean energy economy and small business growth. Our research also shows that the Clean Air Act’s economic benefits have been significant, and anything limiting the EPA’s ability to regulate greenhouse gases could negatively affect businesses small and large. In this economic climate, small businesses need all the help they can get to stay competitive in a global economy.”Richard Eidlin, director, business engagement, American Sustainable Business Council, said: “The Clean Air Act provides lawmakers with an example of how responsible environmental measures can both foster new industries and send a clear market signal to investors and entrepreneurs that innovation and investment in the clean energy sector is good business. As owners, employees and investors in sustainable businesses, we urge Congress to uphold the Environmental Protection Agency’s ability to regulate carbon emissions as authorized by the Clean Air Act.”The 14 leading U.S. business groups joining together to support the Clean Air Act are:Small Business Majority;Main Street Alliance;American Businesses for Clean Energy;Businesses for Innovative Climate and Energy Policy (BICEP);American Wind Energy Association;American Sustainable Business Council;Manhattan Chamber of Commerce;South Carolina Small Business Chamber;Women’s Business Development Center;Vermont Businesses for Social Responsibility;Oregon Small Business for Responsible Leadership;The Center for Small Business and the Environment;New Voice of Business; andEnvironmental Entrepreneurs (E2).Together, the organizations include more than 60,000 firms, ranging from some of the nation’s largest companies to small “mom and pop” Main Street retailers and other firms.Companies that want to sign on the joint letter supporting the EPA and Clean Air Act can do so at http://bit.ly/ihhM69(link is external).A report issued in October 2010 by Small Business Majority (http://smallbusinessmajority.org/energy/index_national_economic.php(link is external)) found that there are major economic benefits of the Clean Air Act. For example, in the last two decades, emissions of the most common air pollutants have declined by 41 percent, while Gross Domestic Product (GDP) has increased by more than 64 percent. The report also concluded that the Clean Air Act has spurred important technological innovations, such as catalytic converters, that have made the United States a world leader in the export of environmental export technologies. These exports grew by 130 percent between 1993 and 2003, and were valued at $30 billion in 2004.In addition to indicating strong U.S. business support for the Clean Air Act and the EPA, the groups cautioned that the EPA’s recent decision to delay moving ahead with an ozone pollution rule by six months will come with a real price tag in terms of sick workers and family members, resulting in lost workdays, lower productivity, and other adverse bottom-line impacts for companies. According to the EPA, the new smog standards would “help prevent up to 12,000 premature deaths and 58,000 cases of aggravated asthma and save up to $100 billion in health care costs.” (See http://www.boston.com/news/science/articles/2010/12/09/epa_is_criticized(link is external)….)SOURCE American Businesses for Clean Energy, Small Business Majority and American Sustainable Business Council, Washington, D.C. WASHINGTON, Dec. 15, 2010 /PRNewswire-USNewswire/ — EDITOR’S NOTE: A streaming audio replay of this news event will be available on the Web at http://www.abce.us(link is external) as of 4 p.m. EST/1 p.m. PST on December 15, 2010.CONTACT: Patrick Mitchell, +1-703-276-3266, pmitchell@hastingsgroup.com(link sends e-mail), for American Businesses for Clean Energy, Small Business Majority and American Sustainable Business Council, Washington, D.C.Web Site: http://www.americanbusinessforcleanenergy.org(link is external)last_img read more

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The Whiskey and the Wood

first_imgI’m not gonna say I was having a bad day—I think when you’re a middle class white guy who rides his bike, drinks beer then writes about it for a living, there’s no such thing as a bad day. Some days are better than others, but it’s important to keep it all in perspective. I never have to walk three miles with no shoes to get my drinking water, so I try not to bitch too much. But the day was…challenging.The kids were at each other over what was the proper way to pronounce “pumpkin,” or something ridiculous like that. Deadlines were piling up. My hip was hurting (yeah, I’m getting old). Plus, it was balls cold so we were all cooped up in the house—it was only a matter of time before we turned on each other.So I retreated to the backyard to chop wood and drink whiskey. Manly, right? I’m not saying women can’t chop wood or drink whiskey—most of the women I know could out drink me and probably wield an axe better than me. Still, there’s something decidedly masculine about sipping a big glass of brown liquor between swift and decisive axe swings. The burn from the liquor, the splinters from the split firewood, the flannel shirt…it may as well be a damned Viagra commercial.On this particular occasion, the whiskey in my glass was a rye from Catoctin Creek in Virginia. A little thin, but floral with a bit of pepper and easy as hell to drink. I chopped a lot of wood that afternoon, more than we needed for the night ahead. I was enjoying the rhythm of it all—slice a few pieces of firewood, take a sip of whiskey, slice a few pieces of firewood. A light snow started to fall, dropping a dusting on my fresh pile of sticks. The silence out there, compared to the chaos inside my house, was intoxicating.Soon though, it was time to lug the wood back into the house, to settle the great pumpkin pronunciation debate, and maybe hit a deadline or two. But my head was in a better space by then. I had a better perspective on things. A bit of whiskey, some time wielding an axe in the great outdoors, and suddenly, my day doesn’t look that bad after all.last_img read more

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National Anthem at 1st Boston Bruins Home Game After Marathon Bombings (Video)

first_imgLee sent me this “Buzz” idea, but I heard it on the radio before I got it from him, so no, he gets no credit.I won’t even link to his Facebook.Ok, fine, whatever.That being said, I’m normally quite wordy with these Buzz items.This is one time when I don’t need to be.Watch. Awesome. #BostonStrong. Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York last_img

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Grand Slam of Darts 2020: Simon Whitlock and Dave Chisnall among eight names to secure spot at tournament | Darts News

first_imgWorld Youth Championship finalNovember 29 PDPA World Championship qualifierNovember 30 Live Grand Slam of Darts November 16, 2020, 1:00pm- Advertisement – Dave Chisnall, Simon Whitlock and Krzysztof Ratajski were among the players to win a place at next week’s Grand Slam of Darts where Ryan Joyce and Adam Hunt will make their debuts.It’s the business end of the darting year and ahead of five days of Winter Series action that will conclude the Pro Tour season, all Tour Card holders who had not secured qualification for the Grand Slam descended on Coventry for the qualifying event.Whitlock edged out Matthew Edgar 5-3 to continue an excellent run of form. The Aussie has accounted for Michael van Gerwen at both the World Matchplay and the World Grand Prix and teamed up with Damon Heta to reach the quarter-finals at the World Cup of Darts over the weekend.- Advertisement – Grand Slam of DartsNovember 16-24 Players Championship FinalsNovember 27-29 – Advertisement – Live on Listen to the Darts Show podcast on: Spotify | Apple | CastboxYou can follow the Grand Slam action on Sky Sports with all nine days from Coventry getting underway on Monday, November 16.Following the Grand Slam, the tungsten stays at the Ricoh Arena with three days of Players Championship Finals action and then the final qualifier for the World Championship.Sky Sports Darts will keep you across all the action as the season reaches its climax. As well as all the action, The Darts Show podcast will catch up with all the players, discuss the talking points and get expert opinion from former world No 1 Colin Lloyd.Follow the action from the Grand Slam with all nine days covered on Sky Sports Arena – and if you are out and about updates via our live blogs and @SkySportsDarts for regular updates Don’t miss a moment from the Grand Slam of Darts as Sky Sports brings you every arrow thrown – nine days and 12 sessions get underway on Monday November 16 and continue through to the final on Tuesday November 24 Last Updated: 10/11/20 8:24am Simon Whitlock continued his return to form by battling through the Grand Slam of Darts qualifier to secure a return to the tournament for the second time in three years Winter SeriesNovember 10-14 Both Aussies will be in the field next week when the Grand Slam gets underway on Monday with a double session of group action from Ricoh Arena PDC Calendar – remaining events – Advertisement – World Darts ChampionshipTBC Coventry will be a home from home for the PDC over the next three weeks, and world no 10 Chisnall, a quarter-finalist last year as well as runner-up in 2014, secured a return to the Grand Slam by beating Brendan Dolan in a last-leg decider.Poland’s Ratajski made it through for the second time in three years with a win over Mickey Mansell while Gabriel Clemens averaged more than 100 to whitewash Austria’s Rowby-John Rodriguez.Ricky Evans and Justin Pipe booked returns to the event for the first time since 2013. Evans seeing off the legendary Steve Beaton, while there will be two debutants after North East pair Joyce and Hunt came through against Peter Jacques and Ryan Lowe.Daryl Gurney, Adrian Lewis, Chris Dobey, Ian White and Max Hopp were among the big names not to come through, and will hope to secure the final place available via the Winter Series.Five consecutive days of Pro Tour action begin on Tuesday and by Saturday the winner of the mini Order of Merit, or the highest placed player not already qualified will join the 32-player field for the Grand Slam.White and Ryan Searle lead the reserve list with the draw expected to take place on Saturday night after the final qualifiers have been confirmed.Non-stop darts as truncated season comes to a closeOver the next four weeks, a relentless schedule will close the PDC and finalise the field for this year’s World Championships, which remain scheduled for Alexandra Palace in mid-December.After Monday’s Grand Slam of Darts qualifier, it’s the final five days of Pro Tour action with the five-day Winter Series representing the last chance for many to secure their Tour card for next season. Simon Whitlock continued his return to form by battling through the Grand Slam of Darts qualifier to secure a return to the tournament for the second time in three years
Simon Whitlock continued his return to form by battling through the Grand Slam of Darts qualifier to secure a return to the tournament for the second time in three years

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Berkarya infighting narrows space for opposition in Indonesia’s politics

first_imgOne of Indonesia’s newest political parties has emerged from an internal leadership struggle with a clear victor: a supporter of President Joko “Jokowi” Widodo. The realignment is the latest in a series political switches in support of the government.Hutomo “Tommy” Mandala Putra, the youngest son of former president Soeharto, has lost control of the Berkarya Party, the political party that he established in 2016. His challenger, Muchdi Purwoprandjono, a former State Intelligence Agency (BIN) deputy chief and a former commander of the Army’s Special Forces (Kopassus), has secured the government’s support for his leadership.The Law and Human Rights Ministry, which has the authority to authorize leaders of the country’s political parties, granted Muchdi control of the Berkarya Party following an internal power struggle with Tommy over their different stances toward President Jokowi’s leadership. Unlike Tommy, who has been an outspoken critic of many of Jokowi’s policies, Muchdi has been a Jokowi supporter since his first term. Muchdi’s victory in the internal struggle has brought additional support to Jokowi’s government. The Jokowi administration has mustered more extensive support for his leadership, reducing critics of the government within the legislature. But there may be reasons for this coalition that are beyond the president himself.Political scientists have noted that the country’s political climate requires parties to be part of the ruling coalition for survival. A lack of financial resources has driven parties in the House to submit to the ruling parties instead of criticizing the government on behalf of the public.“To be part of the government is like obtaining an ATM card for the party’s survival,” analyst Firman Noor from the Indonesian Institute of Sciences (LIPI) told The Jakarta Post recently. “Securing financial resources is crucial because of the high cost of politics in Indonesia.”Firman said a lack of independent financial resources had caused many political parties to become instruments of the ruling power. The political climate, he said, also nurtured infighting within parties because control over parties led to access to resources held by a small number of oligarchs.In a separate interview, National University (Unas) lecturer, Andi Achdian, referred to the trend of “financier-centered management” within almost all political parties in Indonesia as a result of the lack of genuine aspiration for social change in a post-Soeharto Indonesia.“This is because political parties mostly get established by a top-down processes instead of being inspired by bottom-up movements,” Achdian said. “In the past, for example, we had a political party that brought together workers who fought for their rights.”Achdian did not specify which party that was.The now-defunct Indonesian Communist Party (PKI) had a strong following among workers and rural populations.Achdian said the absence of “aspiration for social change” in political parties contributed to the lack of distinctive party ideologies and allowed politicians to shift membership easily from one party to another.“Political parties are merely a vehicle to fulfil personal interests,” he said.The need to maintain access to resources has preserved the current political system by making it difficult for new parties to enter the legislature, and the system allows those in power to check the rise of new entrants.The parties in the House of Representatives have proposed a higher threshold of national votes for eligibility for representation in the legislature.Lawmakers are considering increasing the threshold for House representation to between 5 and 7 percent of the vote ahead of the 2024 elections. In the 2019 elections, the political parties in the House – mostly supporters of Jokowi’s ruling coalition – agreed to increase the threshold to 4 percent which resulted in one of the coalition’s members, the Hanura Party, getting expelled from the House after the election.The high electoral threshold also prevented the Indonesian Solidarity Party (PSI), a new party championed by many young urban middle-class voters, from being awarded seats in the House because the party garnered only 2 percent of the national vote. The PSI has been known as a staunch supporter of Jokowi administration.There are currently nine parties with seats in the House. The majority of them are members of the ruling coalition. These include the Indonesian Democratic Party of Struggle (PDI-P), the Golkar Party, the Gerindra Party, the NasDem Party and two Islam-based parties: the National Awakening Party (PKB) and the United Development Party (PPP).The remaining three parties – the Democratic Party, PKS and the National Mandate Party (PAN) – are, on paper, in opposition to Jokowi’s government. However, in practice some of them have shown considerable flexibility. Although PAN is officially outside the ruling coalition, the current leadership, under the control of chairman Zulkifli Hasan, supports the Jokowi’s administration. Topics : Infighting within the country’s political parties has traditionally led to the formation of new parties by disgruntled or outcast politicians. Some parties in the House of Representatives, such as the Gerindra Party and the NasDem Party, were the result of such power struggles within the Golkar Party.The recent establishment of the Gelora Party fits this pattern. The party was founded by former members of the Prosperous Justice Party (PKS) who were excluded from positions of authority by the current leadership. The exodus included Fahri Hamzah who was a staunch critic of Jokowi’s government in his role as House deputy speaker from 2014 to 2019.Although the recently established Gelora Party has yet to solidify its political stance, political scientists believe the party is unlikely to join the opposition camp. Leaders of the party met Jokowi at the Presidential Palace soon after they obtained official authorization for the party’s establishment.Indonesia’s political system is not generally supportive of a strong opposition, experts have noted. Even if Tommy creates a new party in his defeat, it would be unlikely to develop into a genuine check on the government or represent public interests.last_img read more

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Are You At The Right Age To Get Married?.

first_imgLifestyleRelationships Are You At The Right Age To Get Married?. by: – July 1, 2011 Share Share 26 Views   no discussions By Korin MillerStudies reveal that you should reach a specific age before you get married.16-year-old Courtney Alexis Stodden recently tied the knot with her 51-year-old boyfriend Doug Hutchison. Everyone was not only baffled by their age difference, but by the fact this teen made a life-altering decision at the ripe young age of 16. Marrying young is nothing new. We’ve seen it in the past with celebs like Avril Lavigne, Britney Spears and Reese Witherspoon. And while Avril admits she got a divorce after three years of marriage because she thought she was too young, we can’t help but wonder if others have reached the same age-related issue.The Magic NumberThere are practical reasons for the mid-20s dividing line, and most of them boil down to two biggies: education and money. Turns out, the more years of higher education a woman has under her belt on her wedding day, the lower the chances that she’ll get divorced…and by 25, you’re more likely to have earned a degree or two. “Educated women tend to be more confident about who they are and less willing to settle for a man who doesn’t meet their standards,” explains Terri Orbuch, PhD, author of Five Simple Steps to Take Your Marriage From Good to Great.Odds are that by 25 you’re also supporting yourself, so there’s less incentive for you to rush into marriage because you’re seeking financial security from him.But the marriage-related benefits of working and having money of your own go beyond feeling secure, says Pepper Schwartz, PhD, author of Finding Your Perfect Match. Learning to budget your cash carefully when you’re single will help you avoid financial problems—one of the main causes of couple fights—for the rest of your life. And juggling responsibilities, dealing with differing personalities, and resolving conflicts on the job force you to develop skills that are necessary for maintaining long-term love.Knowing the Real YouAt 25, you’ve had time for some crucial life experiences, including a relationship or two that may have improved your Mr. Right radar. “You’ve probably dated enough to have a better idea of what you don’t want in a man, which makes it easier to know what you can live with and can’t live without,” says Orbuch.Perhaps the most important aspect of waiting is that you’ll know what your goals and values really are, says Paul Coleman, PsyD, author of The Complete Idiot’s Guide to Intimacy. While you don’t want to marry someone just like you, marriage is a lot easier if you two share a similar outlook on life.Twenty-four and already married to the man of your dreams? Don’t worry: Many young marriages survive. But given the choice, you might consider putting off the big day until your mid-20s or later.Source: Cosmopolitan.comcenter_img Sharing is caring! Share Tweetlast_img read more

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First COVID-19 related death at an Indiana Department of Correction Facility

first_imgIndianapolis, IN— The Indiana Department of Correction had the first death of an offender at the Westville Correctional Facility, located in Westville, Indiana, late evening on Monday.The offender, a male over the age of 70, who did not have indications of illness, reported experiencing chest pains and trouble breathing on Monday. He was transported to a local hospital by ambulance and later died at the hospital. While at the hospital, the offender tested positive for COVID-19.last_img

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FA Cup semis: Man U draw Chelsea, as Arsenal battle Man City

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal Pirlo not out to copy anyone after Juventus’ comfortable opening win Ighalo: My best moment as ‘Red Devil’ Manchester United face Chelsea while Arsenal will play Manchester City in the semifinals of the FA Cup.Both games will be held at Wembley over the weekend of July 18 to 19. City will meet the Gunners, which had Kevin De Bruyne and Raheem Starling goals send them to the semifinals.The two sides faced each other in a Wembley semifinal three years ago, where Arsene Wenger’s side managed to prevail over Pep Guardiola before going on to lift the cup.But City have been rampant against Arsenal in recent years, and beat Mikel Arteta’s side 3-0 when they faced each other 10 days ago in the first game back from the coronavirus hiatus.The clash between United and Chelsea is a repeat of the FA Cup final from two years ago, where Eden Hazard’s penalty gave the Blues victory.Tags: ArsenalArsene WengerFA CupManchester CityManchester UnitedMikel ArtetaPep Guardiolalast_img read more

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Montella: Cuadrado’s off to Chelsea

first_img Press Association When asked about Cuadrado’s potential move to Chelsea, Montella told his club’s website on Friday afternoon: “It was a sale that had to be done. “The club has done the right thing because we are also getting a very good player. “Naturally, we need to understand how long he ( Salah) will need to adapt to our football as it’s different from the English and Swiss leagues. “”From a defensive standpoint, Cuadrado guarantees us a lot more than Salah. “Cuadrado is a player that has always arrived with a smile and given everything to Fiorentina. “I am convinced that if he could have played tomorrow he would have. “I’m happy for him because he is going to a big club. ” Cuadrado joined Fiorentina in 2012 from Udinese and has been a regular in Montella’s side since. Fiorentina coach Vincenzo Montella has confirmed that Juan Guillermo Cuadrado will not play for the Viola on Saturday, with the Colombian winger finalising his permanent move to Chelsea. Cuadrado is expected to undergo a medical in London on Friday with Fiorentina’s permission after both clubs agreed a transfer fee for the 26-year-old. Fiorentina are expected to receive £23.3million and as part of the deal, Chelsea’s out-of-favour forward Mohamed Salah will be moving on loan in the opposite direction. The Colombian has scored four goals and set up four more in 17 league appearances for Fiorentina this season. Cuadrado, who was one of the stand-out players alongside James Rodriguez for Colombia in last year’s World Cup in Brazil, was tied to the Viola until June 2019. Fiorentina play at Genoa on Saturday. The Florence outfit have qualified for the quarter-finals of the Coppa Italia and will take on Tottenham in the last 32 of the Europa League next month. Montella’s announcement comes before any official confirmation from either Fiorentina or Chelsea, so the deal could yet hit a snag. However, Cuadrado’s imminent arrival means Andre Schurrle’s 18-month stint at Chelsea is nearing an end. The Blues are endeavouring to comply with Financial Fair Play regulations and Cuadrado’s capture was only possible if a player left. That man is World Cup winner Schurrle, who has been a peripheral player this season. The 24-year-old is nearing a reported 30 million euros (£22.5million) move to Wolfsburg, which his agent Ingo Haspel told Germany’s SID agency “should go through on Friday”. However, Wolfsburg play Bayern Munich in the Bundesliga on Friday so that deal may be delayed. Schurrle would join Kevin de Bruyne at Wolfsburg and would hope to enjoy a similar renaissance. The Belgium playmaker has excelled since moving to the Bundesliga after finding opportunities hard to come by at Chelsea. last_img read more

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