Real Madrid's iconic striker Alfredo di Stefano is set to be honoured by the club on Sunday with a large statue of himself being unveiled at the entrance to the team's training ground.

The 81-year-old Argentine-born forward - the club's honorary president - will watch the unveiling alongside FIFA President Joseph S. Blatter and UEFA President Michel Platini.

Platini will later present a 'UEFA President's' prize to di Stefano and open an exhibition dedicated to him at the club's main ground, the Santiago Bernabeu.

Di Stefano, nicknamed the 'blond arrow', played for Real from 1953 to 1963 after beginning his career with Argentine giants River Plate.

He became a Spanish national in 1956, was capped 31 times by his adopted country and scored 49 goals in the the old European Cup for Real, a spell that saw them win European club football's most prestigious trophy (now known as the UEFA Champions League) five times.

He was twice named European Footballer of the Year in 1957 and 1959, won the Spanish title eight times and was five times top scorer in the domestic league.