Money coming for further honours to be bestowed upon Sir Alex

Sir Alex Ferguson bows out of football management having won almost everything there is to win within the game during his near 40-year managerial career.

But given the incredibly high regard the legendary Scotsman is deservedly held in, particularly from the most passionate breed of supporters, the football fan, there is reason to believe he will continue to be honoured in the aftermath of his tenure at the helm of Manchester United.

Firstly, Ladbrokes offer the chance to bet on Ferguson returning to take charge of United once again, with 10/1 the price that the 71-year-old makes a sensational return to the Old Trafford managerial post before 2020.

He is set to move upstairs to take on a directorial and club ambassador role, and given his age, along with the immense consideration he has assured the public he has given to his retirement, this looks unlikely.

But backing the club he has left such a lasting legacy at to devote him the ultimate honour does appear wise, and the money coming in for such a scenario suggests punters agree with that sentiment.

Initially 25/1, it is now just 4/1 that Old Trafford, already housing the Sir Alex Ferguson Stand, along with a statue of the Glaswegian, is renamed after the 13-time Premier League winner before 2033.

This is certainly not out of the realms of possibility, and the lengthy time frame offered within the market can keep punters interested for a long while.

Meanwhile, those searching for a quicker payout may like the 2/1 odds that Ferguson receives the 2013 Sports Personality of the Year award, an accolade he was 33/1 for prior to the announcement of his retirement.

An award voted for by the public, the nationality of recent victors is a point of encouragement for Ferguson-backers, as only one Englishman has claimed the spoils in the past six years.

Furthermore, fellow United legend Ryan Giggs’ achievement of the accolade back in 2009 would seem to enhance Ferguson’s chances, especially as the Welshman’s on-pitch performances during that year arguably didn’t merit such recognition.

Giggs was essentially honoured in light of a trophy-laden career four years ago, when his retirement was considered to be impending, and with Ferguson’s now confirmed, his lifetime achievements could be rewarded in a similar fashion with this award.

All Odds and Markets are correct as of the date of publishing.