The 71-year-old who managed this iconic club for 26 years, before returing in May also received the Honourary Freedom of the Borough of Trafford at a formal ceremony at the council chambers.
Water’s Reach, a road running away from Old Trafford and adjoining Sir Matt Busby Way, is now renamed as Sir Alex Ferguson way.
The legendary manager said:
“It’s a privilege and an honour to have a road named after me. You don’t expect these things in life,”
“It encapsulates probably the last 26 years – coming to the great club, the history of it. It’s been an incredible journey for me, ending today for me to unveil this road sign: Sir Alex Ferguson Way.
“I’m really proud of that and I’m proud of everyone who has been associated with the club.