Chelsea's head coach has revealed that the Court of Arbitration for Sport's decision on whether to cut FIFA's two-window embargo to one is just days away.
"Chelsea's home defeat by West Ham on Saturday was a very unusual result when you consider how both teams had been playing, but I think it was just a blip", he told.
Tammy Abraham's blistering Premier League start has eased the burden on Chelsea's youthful squad, and Lampard said he will give the England striker "every possible chance" to be ready to take on Aston Villa on Wednesday.
Should Chelsea be freed to make signings ahead of the January transfer window, a move for Chilwell will become the club's chief priority.
Lampard will have significant funds to spend following their lack of activity and sales of several stars including Eden Hazard and David Luiz, and will launch a move for the 23-year-old as he looks to strengthen at left-back.
Leicester's Ben Chilwell is their first-choice target. 'I've seen speculation in the press with pundits linking him with other clubs.
Jack Grealish believes Liverpool are unbeatable at the moment, singling them out from the rest of the Premier League clubs. They were also fined 600,000 Swiss francs (US$600,000).