Andy Murray of Great Britain celebrates match point against Grigor Dimitrov of Bulgaria during their 2016 US Open men's singles match at the USTA Billie Jean King National Tennis Center on September 5, 2016 in New York. / AFP PHOTO /

Wimbledon champion Andy Murray and Olympic gold medallist Mo Farah will each receive a knighthood in the New Year Honours.

Murray’s knighthood caps a dream season for the Scot, who finished as the year-end world number one for the first time after ending Novak Djokovic’s long spell at the top.

The 29-year old clinched a second Wimbledon title in July before successfully defending his Olympic singles crown and then winning a first ATP Tour Finals crown to stop Djokovic regaining first place.