There is. I just don't see it being offered for Morata...
There are 3 teams in the PL that have shown the ability to break that 50-60 mil barrier on a player. ManCity, ManU, and Chelsea (although I don't think Chelsea has yet). Arsenal has the finances to do it, but hasn't yet spent anywhere close, and doesn't seem to believe in transfers that large. Tottenham is a wildcard, but doesn't seem to be that interested. Liverpool, I'd say no.
None of the small clubs are going to be spending that much either. Regardless of how much money is believed to be in PL. There's a reason a team like LC is looking at Lapadula.
So, you're looking at ManCity, ManU, Chelsea, and maybe Arsenal as contenders for his services imo. I doubt he'd even agree to go to a team without CL football at this point, so that basically leaves ManCity and Arsenal. ManCity and Pep, I don't see them going for Morata. They are going to be after much bigger fish. Arsenal is the one team that could do it, but I just don't see Arsenal finally deciding to spend 60 mil + on a player.