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The Louis van Gaal administration has offered £ 27.7 million for the winger and is awaiting the Italian club’s response.
Cuadrado had a hugely successful World Cup campaign in Brazil as he scored a goal and provided 4 assists to put his country into the Quarter Finals where they eventually lost to Brazil.
Spanish giants Barcelona are also said to be readying a bid for the winger.
The English club’s interest in the 27-year old comes after their pursuit of Real Madrid’s Angel Di Maria turned cold as the Ligue 1 club Paris Saint Germain is said to the favorites to land him.