Lampard over performed in the league and getting to a cup final this year, couldn't expect to finish above Spurs, Arsenal or Utd, let alone City and Liverpool.
What concerns me is that he's too arrogant to notice his own tactical failings, so we've seen Kepa blamed instead. Defensive basics, structure, team setup are wrong.
Need a coach to help him with it, if he'll accept it. I don't see a new GK and LB making that much difference, we'll still ship 50 odd goals in the league, though we might score 10 to 20 more with new attacking signings.