"likely lack" is a grammatically correct and commonly used phrase in written English.
It is typically used to describe a probable or expected absence or shortage of something. It implies that something is expected to be lacking or absent. Example: "Due to the current economic climate, there is a likely lack of job opportunities for recent graduates."
Chelsea's troubles and likely lack of European football - unless they win the Champions League, like in 2012 - could lead to a high player turnover this summer.
It betrays a likely lack of knowledge.
"They likely lack the metabolism and professional drive it takes to thrive here.
Yes, our lusty, emotive missives likely lack the incandescence of Kafka's prose, but his indulgence of a romance restricted to writing gives email love a useful literary genealogy.
Despite the likely lack of any real traction, the Bank of England needs to ease monetary policy aggressively on 4 August.
Without that side of her, well filled out here by Berg, Janis Joplin almost wouldn't make sense, and her music would likely lack that essential woundedness that animates it from within.
This cycle, that means gathering 365,880 supporters in a 180-day time limit – requiring a costly battalion of clipboard-wielding workers, something most of the efforts other than the Adult Use Act likely lack.
Con 40.1%, Lab 33.1%, LD 17%, BNP 4.8%, Ukip 3.5% The Tories need to make strong gains against the Lib Dems in the west country, to make up for a likely lack of a breakthrough in the north.
The report explicitly acknowledges this international failure, and this is one reason among many for a likely lack of appetite of international actors to pursue the legal recourse that the report recommends.
Listening to women has never exactly been Trump's strong suit, but now his entire campaign may hang in the balance of his ability – or more likely, lack of ability – to do just that.
