But Shilton believes that Hodgson should look beyond the United veteran as there are a lot of other quality English centre-backs in the Premier League.
"His (Ferdinand's) time has gone. We have to look to the future and I would look to the youth," he told BBC Sport.
"(Gary) Cahill is someone I've always admired and I thought (Joleon) Lescott had an excellent Euros. At the moment, I'd go with those two."