Ferdinand has lambasted Hodgson's management at Euro 2012, claiming the England boss underused his younger players and was too defensive in his tactics.
He told The Sun: "I am a fan of The Ox and I wanted to see more of him but in the end he finished up as a spectator.
"Phil Jones is one of the most adaptable players we have in our country and where was he?
"When we need to take the ball from midfield, run 40 yards with it and put the other team on the back foot, he is the man for the job.
"Instead, we stayed cautious and Jordan Henderson was used instead.
"That's not a criticism of Jordan, he is a different player to Phil, but I thought it showed we were being too conservative."