The Muppets are hoping to challenge the 'X Factor' winner for the Christmas number one after scoring an internet hit with their version of 'Bohemian Rhapsody'.
The furry characters have been seen more than nine million times on YouTube with their rendition of the Queen hit.
Record label EMI said today that it was to release the song, which if successful would be the third time the song had topped the charts over the festive period.
However, the 'X Factor' winner - who will be crowned this weekend - is still the overwhelming favourite to take the prized slot for the fifth year running.
Spokesman for bookmaker William Hill, Rupert Adams, said today: "The Muppets is the sort of song that in previous years would have had a real chance to be the Christmas number one but you would have to be a Muppet to think they can beat the 'X Factor' winner."
The decision to release the Muppets track comes in the wake of an internet campaign to get the expletive-strewn 'illing In The Name' by Rage Against The Machine to number one for Christmas.
Fans have set up a Facebook page urging people to buy the track, which they hope will get one over on the 'X Factor' team, despite both tracks being released by the same record company Sony.
William Hill places the X Factor at 1/8 favourite, its nearest challenger at 9/2. The bookie places the Muppets at 25/1.
'Bohemian Rhapsody' was the Christmas number one in 1976 and again in 1991, following the death of Queen frontman Freddie Mercury.