Jordan believes moving to Newcastle United or West Ham would be a downgrade.
He told talkSPORT: “The bottom line is who is going to pay what Jesse Lingard wants. West Ham and Newcastle, whilst both of those clubs will feel they are in the ascendancy, Jesse Lingard leaving Manchester United and dropping into West Ham or Newcastle isn't showing his career is in an upward direction.
“So, he has to perhaps be more realistic.
"The assumption you don't have to pay something for a player, it enables you to have the opportunity to bolster their wages. But clubs aren't going to set a precedent."