Even if he does transfer(far from convinced yet), I must admit I think the release clause system works quite well for clubs.
Humour me for a moment and lets just say the Marca story about a £40mill clause that Real are going to meet is true. I mean some of you might have rathered being able to hold out for another £10mill say but at least, you were able to point at a total in his contract and say "not a penny less", the amount of time we wasted trying to get Modric to stay whilst Chelsea and then Real kept bidding was ridiculous, it meant we had a player refusing to play for us that we couldn't get a replacement for as we hadn't received any money for him. At least this way it's a clean chop, done early in the summer giving you ages to decide how to replace him and move forward. Also, say Real didn't want to meet the value and Suarez was upset, again you can point to the release clause and say that if he didn't think that was how much he was worth then he shouldn't have signed the contract.
I reiterate though, I wouldn't read anything into the reports. Anyway, as much as I don't like the guy, I hope he stays with you, having top players at clubs outside the top 3 can only make things more interesting.