Álvaro Morata will be playing in the black and white of Juventus next season for the sum of 18million euros.
and a buyback clause for 36million euros.

Rafa Benitez welcomes Michu to Napoli.

Torino have signed experienced forward Fabio Quagliarella from Juventus for a 3.5million euros fee.
Oriol Romeu has today signed a new three-year contract, keeping him at Stamford Bridge until 2017.

Source - Marca.com

Liverpool forward Iago Aspas has joined Sevilla on a season-long loan after passing a medical with the Europa League champions.

Source - Skysports.

Liverpool sell Borini to Sunderland for £12-14 million.

Aspas was disappointing for Liverpool, hope he can re-start his career again at Sevilla. Aspas and Bacca will be dangerous.

Glad Morata is getting experience, but I feel that 36 Million is ridiculous for a buy-back clause. Juventus can reject the buy-back clause the first time, but have to succumb to it the second time it is initiated by Real (there must be a one year gap between the first and second initiations). Madrid's buy-back clause only lasts 3 years, but Madrid have rights to first rejection if Juve want to sell Morata.

Haven't seen much of Aspas only at the start of the season?

Very happy for Morata he is going to get the play time he needs to develop and become one hell of a beast i hope.
Is that how any back-back clause contract work? or this is just the case of Morata?

@Salahdin

Just the special case for Morata. Usually buy-back clauses are initiated without rejection, and only last until the player renews his contract.