Paul Warne does not have the luxury of Leeds United's budget, but Derby County's head coach is helping the club punch way above its weight, according to latest figures.

Transfermarkt have put together a league table that compares the value of squads to their current position in the table. And it makes for interesting reading as far as Warne's Derby is concerned, with the club being considered the second-best performing team in the league.

There is a long-held theory in football that the size of your playing budget often correlates to where you finish in the league table. Derby's spend this summer equated to around £2.7m, which was around what they made in sell-on clauses inserted into deals such as Omari Kellyman and Liam Delap.

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That money was spent on Ebou Adams, Kenzo Goudmijn and Jacob Widell Zetterstrom, with the rest of Derby's additions coming through loans and free transfers with 11 deals being concluded in the summer.

Transfermarkt have estimated that Derby's current squad value is around £19m which puts them 22nd in the Championship when judging the teams who have the most valuable group of players.

And with the Rams sitting 14th in the table ahead of Friday's visit to Luton Town, they are eight places better off in the table than where they should be. Sheffield Wednesday are currently the best performing team in the Championship when squad value is compared to league position with the Owls being 12 places better off. Their squad value is estimated at £28m which includes loan signings.

The worst performers are Luton Town who are 16 places below where they should be. That puts them third in the list of clubs in terms of squad value but when judged against league position, they are 16 places behind where they should be according to transfermarkt with the Hatters currently 19th in the league table.

Hull City are second from bottom in what has been a disastrous season so far at the Tigers who have sacked Tim Walter and replaced him with Ruben Selles. Hull's squad is valued at £62m and they are 15 places off where they should be in the Championship table where they currently prop up the rest of the division.

To see the full league table see, here.

How do you think Derby are doing this season? Have your say HERE.