Kepa became the world’s most expensive goalkeeper when he moved to Stamford Bridge from Athletic Bilbao for £71m in 2018, but he has failed to impress and now looks set to depart.
Jan Oblak is Chelsea’s preferred option but Atletico Madrid are unwilling to sell so they may have to trigger the Slovenian’s £110m release clause.
Cheaper alternatives include Andre Onana, Nick Pope and Dean Henderson while reinforcements in central defence are also desired.
Declan Rice has been touted as a potential option, with Lampard keen to convert the central midfielder back to a defender, but West Ham are thought to want £70m for the 21-year-old.
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