Stamford Bridge side look to find buyers for South American duo.
Jose Mourinho will not have been all that impressed with the performances put in by the two players, both of whom have struggled to retain a foothold in the Blues starting eleven.
Left-back Filipe Luis managed just nine Premier League starts in 2014/15, with Mourinho steadfastly sticking with first-choice starter Cesar Azpilicueta.
When the 29-year-old was called upon, the Brazilian looked a shadow of the player who had helped Atletico Madrid to a surprise La Liga title triumph in 2013/14.
The Guardian state that Chelsea would not accept a fee less than the £15.8 million they paid for the defender a year ago.
Similarly, The Guardian state that Mourinho is ready to say farewell to Cuadrado, but that Chelsea would demand no less than the £26 million they paid for the winger in January.
Cuadrado had greatly impressed at the 2014 World Cup, but when in Chelsea colours he barely a made an impact, and was offered just four Premier League starts and in his dozen appearances in total, the Colombian managed neither a single goal, nor an assist.
Chelsea FC news.
Juventus eye £46m Premier League stars with Pogba cash, including Chelsea & Man City attackers
Chelsea clear out: Blues could offload five this summer, including former Barcelona midfielder
Ironically, Mohamed Salah, who moved to Fiorentina on loan as part of the deal to bring in Cuadrado [via UEFA.com], performed wonders last term and his temporary spell proved to be a very effective shop window for his talents.
The arrival of Radamel Falcao should help to boost Mourinho’s options in the final third, although the Chelsea manager will hope the usually-lethal forward offers more than the four goals he managed during his temporary move to Man United in 2014/15.