Six weeks later, Terry went on trial accused of racially abusing Ferdinand's younger brother Anton during a Premier League match between QPR and Chelsea last October.
Terry, 31, was
cleared at court of that charge,
but this week quit international football the day before a Football Association hearing into the matter got under way, claiming his position with England had been made "untenable" as a result.
The former goalkeeper, who made 1,005 league appearances in a career lasting 31 years until his retirement in 1997, said: "His time has gone. We have to look to the future and I would look to the youth.
Peter Shilton profile
Played for 11 clubs over a 31-year playing career, clocking up 1,005 league appearances
Best known for spells at Leicester, Nottingham Forest, Southampton and Derby
Won two European Cups, the League title and League Cup during his time at Forest
Made his England debut in 1970. His final 125th cap came in the third-place play-off against Italy at the 1990 World Cup
"Cahill is someone I've always admired and I thought Lescott had an excellent Euros. At the moment, I'd go with those two."
Former England captain Terry won 78 caps during a nine-year international career.
He made his last appearance for his country earlier this month, when England beat Moldova 5-0 in a World Cup qualifier.
Shilton thinks Terry was one of the outstanding players at Euro 2012 and says his international retirement is "premature".
"Reading the press, I think Roy Hodgson feels the same way," said the 63-year-old. "Terry was recognised not only for his playing ability, but also for his leadership qualities."
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.