Manchester United now 16th in financial power rankings with squad worth £625m- Manchester United have regrettably slipped into 16th place on the financial power ranking - Red Devils' squad value is tentatively worth £625 million, far behind Man City which are valued at £1.062 billion - United are on a woeful run in the Premier League, currently sitting on the 8th spot with 36 points in 25 games The season has been a roller coaster for Manchester United but it seems the Old Trafford outfits are more taking a sudden turn to the negative direction following the club's slump to 16th position in financial power rankings. United are adjudged one of the financial powerhouses among European top flights but a torrid run of Premier League campaign this season has put their financial superiority in question. Despite being the arguably highest-paying and one of the highest spenders during last summer transfer, Red Devils could not rank among the first ten clubs with big financial biceps. Recommended for you Supreme Court vs FG: Strike looms as NLC issues fresh ultimatum to Buhari o... According to Soccerex, United's total squad value is worth a meagre £625 million based on the value of their playing assets, cash in the bank, the value of facilities, potential owner investment and debt. The Theatre of Dreams outfits come far behind their derby rivals Manchester City who are adjudged the most valuable club in the world with a squad and asset value worth a staggering £1.062billion. The position placed United below all of their top-six league contenders in the Premier League with “Football Finance Index” of 1.743, while Liverpool FC come behind City with a squad value of £888 million. Tottenham follow in the line with a value standing at £816 million worth, while Chelsea are behind with £670 million. North London side Arsenal toe behind their London rivals with a mouth-watering figure of £566 million despite sitting on the tenth place on the log. Here is the finance index score of the clubs with buoyant financial strength as cited on UK Sun: Recommended for you Kirikiri inmate gets access to phone, threatens innocent people, Osinbajo’s... 1) Paris Saint-Germain – 5.318 2) Man City – 5.197 3) Bayern Munich – 3.888 4) Spurs – 3.441 5) Real Madrid – 3.336 6) Arsenal – 3.150 7) Chelsea – 2.893 8) Liverpool – 2.616 9)Juventus – 2.195 10) Borussia Dortmund – 2.154 16) Man Utd – 1.743 Manchester United are 8th on the league with 35 points in 25 league games, but they will hope to move up when they resume from winter break to face Chelsea at Stamford Bridge. PAY ATTENTION: Become a member of the leading sports Facebook group 'Naija Football Fan Zone Meanwhile, Legit.ng reported that Manchester United new striker Odion Ighalo has been reportedly banned from entering the Red Devils training ground over fears of coronavirus disease. Virtually all the nations in the world are currently taking precautions against the deadly disease which emanated from China. Recommended for you "There is no such thing as too old": Nigerian woman in her 40s gets married... Nigeria still needs Enyeama, Maradona was my toughest opponent - Rufai | Legit TV Source: Legit.ng - Manchester United have regrettably slipped into 16th place on the financial power ranking - Red Devils' squad value is tentatively worth £625 million, far behind Man City which are valued at £1.062 billion - United are on a woeful run in the Premier League, currently sitting on the 8th spot with 36 points in 25 games 1) Paris Saint-Germain – 5.318 2) Man City – 5.197 3) Bayern Munich – 3.888 4) Spurs – 3.441 5) Real Madrid – 3.336 6) Arsenal – 3.150 7) Chelsea – 2.893 8) Liverpool – 2.616 9)Juventus – 2.195 10) Borussia Dortmund – 2.154 16) Man Utd – 1.743 PAY ATTENTION: Legit.ng Nigeria still needs Enyeama, Maradona was my toughest opponent - Rufai