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Ferguson will also be given the Honourary Freedom of the Borough of Trafford at a formal ceremony on Monday.
England: A road adjacent to Manchester United's Old Trafford is to be renamed Sir Alex Ferguson Way in honour of the club's long-serving manager who retired in May after nearly 27 years in charge.
Ferguson, who is now a director at the Premier League club, will also be given the Honourary Freedom of the Borough of Trafford at a formal ceremony on Monday.
The 71-year-old Ferguson says "to have a part of Trafford carrying my name is truly humbling."
Another former United manager, the late Matt Busby, also has a street named after him close to the stadium.
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