Well i have never supported any decision made by Todd Boehly and his team of club executives, but i somewhat think this very one is sensible, to a very large extent indeed. Yes there are many options on the table, but the club wants to take its time this time around, mind you that when they sacked Thomas Tuchel, they rushed into signing Graham Potter almost immediately, we all know how that one turned out.
Having said that, now that Lampard has the job as caretaker manager until June, the club can calm down, look closely at their options, assess everything thoroughy and make a final decision, without rush or pressure, this decision just basically buys the club sometime (a couple of months) to check everything properly and make sure they make the best choice for the football club.
Their PL hopes might be gone but their CL hopes are very much alive and for fans I feel that having a manager who hasn't been sacked by the club earlier and have good experience would have been better. Yeah rushing into things isn't a good choice but with CL fixture right around the corner you have to make things works if are club really targetting it. It's good to see Lampard leading though but I hardly have any confidence in him right now. Club could have tried Luis Enrique or Nagelsmann for rest of the season? Wouldn't it? With an option to extend. Yeah there will be negotiations but I feel things will be sorted out easily as both are in competition for the role and Luis Enrique is very keen to take this role so I think one might eventually agree quickly to this in order to get the role.