Everything I've read says his buyout clause really is that low. Think about this from Atletico's point of view: it's a world cup year and they have an assload of debt, they aren't going to take a chance that Costa has a bad world cup which would drive his price way down. Not to mention that they ALWAYS find themselves another striker.
As much as everybody thinks Jose hates Lukaku, I'd be surprised if they got rid of him. Even if he doesn't fit perfectly right now, he's only 21, there's not currently a better striker his age anywhere.
Obviously I could be wrong and Jose could end up shipping him out, but for a whole lot of reasons that just wouldn't make much sense.

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