I personally feel that if that was our ambition we need a better goalie, centre midfielder to play next to Modric, and a striker to with the sort of quality of an Aguero or Llorente.
The central defence positions need to be sorted out at the end of the season also. As much as I love King I think his time is done. I'd stick with Gallas, Kaboul, Dawson, and Woodgate if he can prove his fitness and past the injury he's had.