A 16 foot high brass statue of Alan Shearer will be unveiled at Newcastle United's ground today.
The former Newcastle and England star will perform the ceremony himself outside St. James' Park.
The cost of creating the statue has been met by former owner Freddy Shepherd, and his family.
Scores of Newcastle footballing legends are expected to attend the unveiling at noon along with Alan Shearer and his family as well as celebrities and fans.
Following his then-world record transfer - with Newcastle paying Blackburn Rovers £15 million for the England striker - Shearer went on to score 206 goals for Newcastle. Today he remains unchallenged as the Premier League's all-time record goal scorer with 260 goals. He also scored 30 times in a 63-match England career.
Freddy Shepherd said: "Alan was one of the greatest players ever to wear the Newcastle shirt. It is now 10 years since he retired and our family decided that fans shouldn't have to wait any longer for his unique career to be properly recognised."
Football fans have taken to Twitter to mark 20 years since Alan Shearer signed for the Toon!
Hi guys and dolls just a quick tweet a whoo to say I would give the ENGLAND job to ALAN SHEARER he is for me the perfect man for the job xx
To the FA please look no further than legend 9 I promise from a decent player u can't go wrong he is thick skinned and will not buckle x
Former Newcastle United captain Alan Shearer admits interest in England role - but backs ex-Boro boss Gareth Southgate and Glenn HoddleRead the full story ›
Former England captain Alan Shearer is hopeful over England's chances of success at Euro 2016.
The Newcastle United legend, who scored 30 goals in 63 appearances for the Three Lions, believes Roy Hodgson's side can do well in France but he is concerned about England's defence.
Newcastle legend Alan Shearer has tweeted his congratulations to Danny Willett following The Masters. They celebrated Danny's win together, with Shearer saying: "What a night!"
Ant and Dec have been nominated for a Royal Television Society Programme Award.
The Geordie duo are up against Adam Hills of "The Last Leg" and Jack Whitehall of "A League Of Their Own" for the Entertainment Performance Award.
Alan Shearer is also nominated this year in the Sport Presenter or Commentator category.
The former Newcastle United player will do battle with Gary Neville and F1's David Coulthard.
Alan Shearer has paid tribute to Brendan Healy who died after a battle with cancer.
Not only were you hilariously funny, more importantly you were an absolute gentleman. RIP Brendan Healy.
Alan Shearer and the characters of Star Wars launch the Children's Cancer Run at the Great North Children's hospital.Read the full story ›
A statue of Newcastle United legend Alan Shearer is on its way to the UK after departing Asia.
The 9ft 6 bronze statue was made in China and left the country more than a week ago. It is due to arrive in Liverpool on August 30. Organisers are planning to erect the statue in Newcastle although discussions over its exact location are ongoing.
The sculpture has been created by Northumberland artist Tom Maley and was funded by former Magpies owner Freddy Shepherd.