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The footballer, who won the Lifetime Achievement award at the BBC Sports Personality of the Year awards over the weekend, received an OBE in 2003. The Daily Star reports that bookies have now cut the odds on Beckham being honoured.
"We'll be crying bigger tears than Beckham did in Birmingham when he is knighted," a spokesman for Ladbrokes said. "It's starting to look a certainty, and the only question now is when."
Prince William appeared in a VT to praise the 35-year-old as he received his award at the BBC ceremony on Sunday.
"His contribution to football is exceptional," he said. "He is an example to young footballers of how to play the game with skill, integrity and determination."
Simon Cowell is also among those tipped to make the list when it is announced on December 31.
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