Marcus Rashford's stock has never been higher.
Rashford, whose contract at United runs until 2024, is valued at €165 million, while former list leader Kylian Mbappe has slumped to fifth with a €149.4-million valuation.
The 23-year-old England international has notched 14 goals and seven assists for a United side that sits level on points with Premier League leaders Liverpool.
Mbappe's drop down the table is somewhat based on uncertainty over his future, as the study takes into account recent performances, age, contract situations, and other factors. There are fewer than two years left on his Paris Saint-Germain contract.
Cristiano Ronaldo, 35, ranks 131st despite leading Serie A in scoring with 14 goals this campaign for Juventus. His contract expires in 2022.
Here's the CIES Football Observatory's list of the 20 most valuable players:
|1||Marcus Rashford||Manchester United||€165M|
|2||Erling Haaland||Borussia Dortmund||€152M|
|4||Bruno Fernandes||Manchester United||€151.1M|
|5||Kylian Mbappe||Paris Saint-Germain||€149.4M|
|6||Jadon Sancho||Borussia Dortmund||€148.3M|
|7||Joao Felix||Atletico Madrid||€141.5M|
|8||Alphonso Davies||Bayern Munich||€139.2M|
|9||Raheem Sterling||Manchester City||€136.9M|
|13||Ruben Dias||Manchester City||€126.8M|
|19||Harry Kane||Tottenham Hotspur||€107M|
|20||Frenkie de Jong||Barcelona||€105.7M|