No, I believe Madrid did not want to sell Morata to Utd because of the De Gea dealings so they moved onto Lukaku.
How does bidding for Lukaku drop the price for Morata? If anything the price should go up since we are more desperate given we lost out on a target.
I'm not disappointed with the acquisition given the fee but I doubt he was our consensus no.1 target. We had a list of suitable strikers and he was on it... The amount we got him for made it a no brainer. Remember Lukaku is homegrown and we desperately need homegrown talent, its probably why we went in for him first.
I do think Conte wanted Morata but I also believe the club wanted Lukaku and these decisions are taken by committee.
In the end it doesn't matter, both will have loads to prove and for Alvaro's price tag he should have less burden.