Chelsea are reportedly set to use Kepa Arrizabalaga in a player-plus-cash transfer for Jan Oblak. The Atletico Madrid stopper is considered one of the best goalkeepers in the world and would command a record-breaking fee for the position.
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Hakim Ziyech and Timo Werner have already joined the Blues while Ben Chilwell and Kai Havertz are also high on the club's list of transfer priorities.
But the west London side are also on the hunt for a new goalkeeper with Lampard unconvinced by Kepa.
The Spanish stopper, who became the world's most expensive goalkeeper when he signed from Athletic Bilbao in 2018 for £71million, has struggled for form since arriving in the UK.
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Chelsea transfer news: Kepa Arrizabalaga could be involved in a swap deal for Jan Oblak (Image: GETTY) A public fall-out with former manager Maurizio Sarri was followed by an embarrassing axing this season in favour of veteran Willy Caballero.
Lampard has subsequently recalled Kepa to the starting XI but is now ready to cut ties with the 25-year-old, according to reports.
The Mirror claim Chelsea could use Kepa as a makeweight in a deal designed to secure the signing of Oblak from Atletico.
The Slovenian has a £120m buy-out clause at the Wanda Metropolitano, having put pen to paper on a new deal last year which is now set to run until 2023.
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Related articles Former Liverpool ace warns Kai Havertz against Chelsea transfer Chelsea set for transfer battle after concrete interest in wonderkid READ MORE Kai Havertz may be pushed towards Chelsea transfer by German team-mate In order to avoid setting out a new transfer landmark, Chelsea would look to get around paying this world record fee for a goalkeeper by including Kepa in the transfer.
The Blues value Oblak at less than £100m and would supposedly hope that Kepa's inclusion pushes the deal's worth into a region agreeable to Atletico.
The La Liga outfit do not wish to sell but may be tempted to cash in on a big offer due to the financial implications of the global coronavirus pandemic.
Diego Simeone will also be more willing to commit to a deal if they are gaining a ready-made replacement.
Chelsea transfer news: Atletico Madrid ace Oblak has a £120million buy-out clause (Image: GETTY) READ MORE Kai Havertz has secret weapon which can transform Chelsea attack While Kepa has struggled with the physicality of the Premier League, the Blues stopper made his name in Spain and has already proven himself there.
Meanwhile, Oblak would provide a wealth of experience and the 27-year-old is considered and even more attractive signing due to his mastery of five languages - including English.
Kepa would not be the only first-team star departing Stamford Bridge this summer, with Emerson Palmieri, Tiemoue Bakayoko, Alvaro Morata and Michy Batshuayi all expected to leave.
