Everton boss Frank Lampard is 'frustrated' at the club's lack of activity in the transfer market and could eventually quit Goodison Park, according to journalist Dean Jones.

Lampard took over as the Toffees' boss in January, succeeding the sacked Rafa Benitez, but it has not been plain sailing on Merseyside.

GiveMeSport The Verdict

What's the latest news involving Lampard?

Since moving into the Goodison Park hot seat, Lampard has led Everton to eight wins from 21 matches.

He managed to steer the Toffees four points clear of dropping into the Championship and, with the new campaign on the horizon, he will be hoping to forego the stresses of another relegation battle.

However, Lampard has already warned that his side could be involved in a fight to maintain their Premier League status in the upcoming season unless drastic improvements are made.

Lampard, who has overseen a 4-0 defeat to Major League Soccer franchise Minnesota United during pre-season, has only been able to sign free agent James Tarkowski since the transfer window opened for business.

He has also been forced into selling Richarlison, in a £60million deal, to Tottenham Hotspur due to Financial Fair Play fears.

What has Dean Jones said about Lampard?

Jones understands that Lampard is becoming concerned with the lack of fresh faces being brought into Goodison Park ahead of the new campaign.

The journalist has hinted that the 44-year-old could opt to resign as the Toffees' chief unless improvements are made.

Jones told GIVEMESPORT: "Obviously, he's frustrated. He wants it to be known, publicly, that he can't build the team without funds being put into it and the level of player being improved.

"He's trying to protect himself but, at the same time, he is potentially damaging the club's morale going into a new season.

"I think there will be a possibility that Lampard walks at some point. I also think there'll be a possibility that he could get sacked at some point, but we won't know exactly which way to veer on that until the season actually gets underway."

Why is Lampard growing in frustration?

Everton had to rush into selling Richarlison due to concerns that the club would otherwise break Financial Fair Play regulations, so he has already seen last season's top goalscorer leave without him being able to have a say on the matter.

The spending worries mean Lampard is not in a position to find a big-money replacement and there is further turmoil surrounding the club, with supporters holding a protest against Farhad Moshiri's ownership at the weekend.

But, in an open letter to supporters, Moshiri insisted Everton is not for sale and work is being done behind the scenes to improve the squad, but that has not happened, so it is understandable that Lampard is becoming concerned ahead of the 2022/23 campaign.