Regardless of model, it would be a real low blow to loose JR at this stage in season , to a league rival.
I just dont see it happening, unless it's silly silly money (£30m+) and then reluctantly we have to accept it. We don't need to sell and Lampard would not be happy, wonder what that would do to the his relationship with King. Smacks a little of saints perhaps trying to unsettle him/club via media, still spoke directly about him in press conference which was poor also imo.
It would also make the last 3 weeks now, as others have said just chaos and likely we make errors in recruitment because we are desperate (overpaying etc). Yes I would think we have planned, but the reality of that is a lot harder, as we found with Hamer and failed attempts to get replaced quickly - Danny Perriera and also tried hard for another overseas midfielder player which didnt happen.
From JR point of view, football wise he would be best served doing another season under lampard. Appreciate thats a fans view, rather than cold blooded job decision which the players will take.